- At first, the insurance companies didn’t know what had hit them.
- Munich Re, which has warned about the dangers of climate change for more than half a century, solicits companies who “handle large amounts of hydrocarbons” and claims it has been a leader in the downstream energy market for 35 years.
- More recently, it set targets to cut emissions from the oil and gas projects it insures 5% by 2025.
Insuring extreme weather disasters: Losing money to climate change 28.09.2022
