Social, Environmental Trends Pose Greatest Risks for Insurers

Ackermann, Alyn
April 2008
Best's Review;Apr2008, Vol. 108 Issue 12, p16
Trade Publication
The article reports that the global climate change and mass baby boomer's retirements present the greatest risk on property/casualty industry. Study says that the changing patterns of weather may alter assessments concerning the probability of insured loss by windstorm and flood which forces insurers to reconsider the criteria of insurability. In addition, global climate change was ranked as the third highest potential risk for insurers in 2008.


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