📊Insurers’ Climate Losses Almost Match Premiums From Fossil Fuels
Bloomberg reports that research group examines 28 of the world’s largest insurers. Climate change accounts for about 33% global weather losses.
📉Top insurance companies suffered $10.6 billion of climate-attributed losses this year, just shy of the $11.3 billion of direct premiums they underwrote for commercial fossil-fuel clients in 2023.
📊On average, fossil-fuel premiums account for less than 2% of total premiums, raising questions about why insurers aren’t using their immense influence to protect the other 98% of their business from spiraling climate risks.
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© Иқтисодий шарҳ
© Economic Review
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Bloomberg reports that research group examines 28 of the world’s largest insurers. Climate change accounts for about 33% global weather losses.
📉Top insurance companies suffered $10.6 billion of climate-attributed losses this year, just shy of the $11.3 billion of direct premiums they underwrote for commercial fossil-fuel clients in 2023.
📊On average, fossil-fuel premiums account for less than 2% of total premiums, raising questions about why insurers aren’t using their immense influence to protect the other 98% of their business from spiraling climate risks.
Read full:
⬇️⬇️⬇️
en review.uz/en/5sv
ru review.uz/5sv
More analytics
⬇️⬇️⬇️
© Экономическое обозрение
© Иқтисодий шарҳ
© Economic Review
telegram | facebook | twitter|linkedin