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Tag: struggles

ESG Watch: Battered on all fronts, insurance industry struggles to rise to clima…

Posted on November 9, 2023 by Thomas Powell

From 1980-2022, an estimated 650 billion euros in assets were lost due to weather- and climate-related incidents 45 insurers committed to end or restrict underwriting coal, but top 25 fossil fuel insurers control 69% of market Insurers paying in excess of $100 billion a year for natural catastrophe losses, and premiums are surging Campaigners criticise…

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