Insurers’ pledge to help developing countries on climate change

Insurers’ pledge to help developing countries on climate change

Financial Times
By Eduardo Llull

The lack of insurance for emerging economies is becoming more of a problem as the costs of natural disasters increase. Exacerbating this risk are the effects of climate change. Yet there appears to be a growing sense of urgency among policymakers and insurers to address the problem…Finance ministers of the V20 said in a recent statement that the group is aiming to expand access among its members to risk-pooling mechanisms, which allow groups to share the burden of catastrophic risks such as earthquakes and flooding…

Read More at: Financial Times: ‘Insurers’ pledge to help developing countries on climate change’ 





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