Climate change turns up the heat for property owners
Publish Date: 11/4/2020
News Source: Financial Times
Rising premiums reflect a world where climate change is not a future contingency but a current fact. “The insurance industry is not pricing in the long-term impact of climate change,” Mr Gloor [climate change lead at Swiss Re] says. “The insurance industry is interested in the extent to which climate change has already affected the risk landscape.”