Monday, November 14, 2005

Factor in climate change dangers, insurers told - Business - Business

CLIMATE change is to blame for the increasing number and severity of natural disasters and should be included in risk modelling for insurance companies, a conference of insurers has heard.

Peter Hoeppe, head of geo-risks research/environmental management at Munich Reinsurance, told the Insurance Outlook Conference in Melbourne on Friday that the industry had an obligation to protect itself from an increasingly angry earth.

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