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Climate Change and the Insurance Industry

 

Tina Zink Pernie, Chief Operating Officer, CLM

In 2018, natural catastrophes wreaked havoc around the world. Windstorms caused massive losses in the United States, Japan and the Philippines. Droughts hit the United States and Europe, and unusually large wildfires caused devastation in California. Experts have suggested that at least a portion of the world’s global catastrophes in 2018 can be attributed to climate change.