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Climate change to cost insurers: ABI
04 November 2009
Property insurance could become more expensive and harder to obtain as a result of global climate change, according to a new report published by the Association of British Insurers.
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[climate change]
[global warming]
[property insurance]
[floods]
[windstorms]
[ABI]
Property insurance could become more expensive and harder to obtain as a result of global climate change, according to a new report published by the Association of British Insurers (ABI).
The ABI’s report The Financial Risks of Climate Change – which was produced by risk modelling firm AIR Worldwide – looked at the financial implications of the widely predicted temperature increases of two, four...
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