Ceres Report: Insurers Slow to Recognize Climate Change Threat to Their Business Models and Larger Economy
Sep 01, 2011
- Only 11 of 88 major insurers surveyed recently have formal policies in place to deal with growing climate change risks, according to a major new report issued today by Ceres. The report was to have been delivered today at a conference of the National Association of Insurance Commissioners (NAIC) that was cancelled due to Hurricane Irene.
Reuters: Few Insurers Planning for Climate Change - Report
Sep 02, 2011
- Only one in eight insurers has a formal policy in place to manage climate risk, despite rising evidence that environmental changes are exacerbating insurers' disaster losses, according to a coalition of public interest groups.