Too risky to cover? – Federated Hermes Limited

EOS engages with global insurance companies to understand the climate-related risks and opportunities they face, as well as their strategies for addressing these over different time horizons.

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... As extreme weather events increase in frequency and severity, insurance losses continue to mount. Some areas exposed to the worst climate risks are now seen as too risky to cover. Michael Yamoah, Navishka Pandit and Judi Tseng ask insurers to demonstrate how they embed climate-related considerations into their product design and pricing, as well as their capital adequacy decisions.

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