Could climate risk cause the next financial crisis?

Madeleine Cuff
clock • 7 min read

New report claims the insurance industry is failing to protect its portfolios from climate risk - an oversight it predicts could have 'catastrophic effects' on the wider economy

Last year Bank of England Governor Mark Carney catapulted climate risk into the financial mainstream with his now-famous 'Tragedy of the Horizon' speech. Carney warned insurers gathered at Lloyd's of...

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Madeleine Cuff
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Madeleine Cuff

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