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Insurance Companies Given Severe Weather Warning

2013-07-08 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate News Network: The global insurance industry's own analysts warn that it faces potentially serious financial losses unless it plays an active role in urging governments to address climate-change factors such as greenhouse gas emissions. The Geneva Association, a leading international insurance thinktank that examines trends in the global insurance industry, has published a report this week that identifies "a significant upward trend in the insured losses caused by extreme weather events." It warns that changes...

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