BBC-September 30, 2015
Insurers are among those with the biggest interest in climate change as the syndicates operating at Lloyd’s, the world’s oldest insurance market, are the most exposed to disasters such as hurricanes and floods.. Mr Carney (Bank of England Govenor) said the after-effects of such disasters were likely to grow worse: “The challenges currently posed by climate change pale in significance to what might come.”
You know it’s true when a bank relates.
It “follow the money” (and insurance rates.)
It “follow the money” (and insurance rates.)