02 Sep '11, 2pm

Report: Insurers Not Ready for Climate Change

It not just the insurers you should be talking to . . . it’s the re-insurers . . . and good luck . . they are the most “private” of groups. Laurie Bowen | September 2nd, 2011 Insurers (& re-insurers) should have every reason in the world to look very closely at this issue and rethink their underwriting; UNEP did a study that found annual claims from climate-change caused losses could reach $1 trillion by 2040. The multi-national insurance providers are indeed taking this issue seriously and I suggest looking over activities at the Munich Re/Swiss Re/Allianz groups of the world. The lack of uptake amongst US insurance providers is somewhat dismaying. Our group had some contact with NAMIC earlier this year which emphasized that US insurers are making a deliberate point of ignoring/denying human climate change… Zach Goldman | September 2nd, 2011 It is unlikely that global war...

Full article: http://www.environmentalleader.com/2011/09/02/report-insu...

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