Insurance Industry Said to Have Limited Role In Preventing Losses From Climate Change

摘要

The insurance industry can play only a limited role in helping society to mitigate potential losses from natural catastrophes related to climate change, according to an insurance industry representative. The insurance industry can help develop and promote stronger building codes and perform research to reduce the harmful effects of climate change, Carl Hedde, head of risk accumulation for Munich Reinsurance America, said Jan. 3 during a teleconference on natural catastrophes in 2012.