Category:

Climate, Environment, Renewable Energy

Climate change heightens key risks for P&C insurance, reinsurance sectors: Moody’s

“The effects of climate change on the frequency and severity of catastrophic events are difficult to predict, and the correlation of climate-exposed risks that span P&C (re)insurers’ balance sheets increases the magnitude of potential losses arising from the physical and transition risks associated with climate change,” James Eck, a Moody’s Vice President says

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