Study: Insurers may not recover losses caused by climate change
The growing number and intensity of storms and floods caused by climate change each year could have a severe impact on the global insurance industry, according to a study from the Association of British Insurers. Property/casualty insurers might not be able to meet capital requirements as they struggle to recover from massive catastrophe losses, the group said.
Business Insurance | 11/04
This story published in PCI SmartBrief on 11/05/2009
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