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Hectowatt University Research GatewayClassification of climate related insurance claims using gradient boosting Citation for published version: Troughs, G, Dang, V, John, A, Kroustalis, S, Day, D

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What is classification of climate-related insurance?

Classification of climate-related insurance refers to the categorization of insurance products that specifically cover risks associated with climate change and environmental factors. It helps insurers and policyholders identify types of coverage related to climate impacts.

Who is required to file classification of climate-related insurance?

Insurance companies offering climate-related insurance products are generally required to file classification of climate-related insurance.

How to fill out classification of climate-related insurance?

To fill out classification of climate-related insurance, insurers must provide specific details about their climate-related products, including the types of risks covered, the geographical areas affected, and relevant premium information in accordance with regulatory guidelines.

What is the purpose of classification of climate-related insurance?

The purpose of classification of climate-related insurance is to enhance transparency in the insurance market, inform stakeholders about the climate risks being insured, and ensure compliance with regulatory standards.

What information must be reported on classification of climate-related insurance?

Insurers must report details such as the types of climate risks covered, policy terms, geographical area of coverage, premiums collected, and claims history related to climate events in the classification of climate-related insurance.

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