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Risking the Weather: The Insurance Sector Faces Climate Change |
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Wednesday, 21 November 2007 |
 A new report sponsored by Ceres and written by Evan Mills, one of the recipients of the 2007 Nobel Peace Prize with Al Gore, highlights new products offered by the insurance sector in response to the changing climate.
The insurance sector and its investors are watching the weather. With $16 trillion in global invested assets and generating about $4 trillion in premium revenue in 2006, the insurance sector is the world's largest economic sector. It faces huge upheavals as the climate changes and the possibility of extreme weather events like hurricanes, droughts and fires increase.
Read the full article at SocialFunds. |
