Climate change could make insurance unaffordable.
Updated: Mar 31
Insurers have warned that climate change could make coverage for ordinary people unaffordable after the world’s largest reinsurance firm blamed global warming for $24bn (£18bn) of losses in the Californian wildfires.
The knock-on effects from rising premiums could pose a threat to social order. It may also influence several court cases testing the liability of fossil fuel companies for the effects of global warming. Read more ...