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Sustainble Business Forum: The Eerie Quiet of the Insurance Industry
Jan 09, 2012
Dave Jones, California’s insurance commissioner, recently put it this way: “Climate change is an obvious physical threat to us all, but increasingly it also poses a serious financial threat to the insurance industry…” When extreme weather causes damage, insurers pay.
GreenBiz: Climate Risks, Insurance and the Next Financial Meltdown
Jan 04, 2012
According a September 2011 report from Ceres, the insurance industry has yet to fully recognize the risks posed by climate change...what Ceres describes as the industry's "sluggish and uneven response to the ever-increasing ripples from global climate change" threatens not just the insurance business but the stability of the global economy.