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IAIS Warns Insurers of Exposure to Climate Risks

More than 35% of insurers’ investment assets are exposed to climate risks, association warns.

The International Association of Insurance Supervisors (IAIS) has warned that insurers will need to manage their investment exposures to assets and sectors most vulnerable to physical and transition risks, as climate change continues to cause more extreme and frequent weather-related events. In a special topic edition of its Global Insurance…

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