Insurers urged to wise up to climate change
The Chartered Insurance Institute's Society of Fellows is urging the insurance industry to react posi...
The Chartered Insurance Institute's Society of Fellows is urging the insurance industry to react positively to climate change, in order to prevent soaring property premiums and uninsurability.In a report called Climate Change and Insurance; implications for UK insurers the group states that climate change is a proven fact, and that altered weather conditions will affect a wide range of people by 2020. The report also points out that by 2020 some people will have to pay more for their
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