'Sounding the alarm': Insurers' retreat from climate risk coverage 'has already begun', insiders claim

Stuart Stone
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

Insurance and reinsurance sectors have prepared neither themselves, nor their customers, for a 'far from predictable' world, non-profit warns

A retreat by European insurers from weather loss and climate-driven risk coverage "has already begun" and is poised to "accelerate" as costs linked to the increasingly devastating impact of heatwaves,...

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