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The World Economic Forum has unveiled its latest report about global risks—and it shows that climate change is making things increasingly complex for insurers. Intelligent Insurer investigates.
The global risk picture is a complicated one that has been made more complex by the ongoing issue of climate change, according to the latest report by the World Economic Forum (WEF).
Speaking on January 15 at the launch of the report, the 15th of its kind, titled “Global Risks Report 2020”, Børge Brende, president of the WEF, said that the global risk picture is “worrisome”.
“We are seeing risks that are increasing and we really have to deal with,” said Brende. “If we look at the report it is a fact that the last five years have been the hottest ever on our planet. We are seeing that climate change and environmental risks, over the long term, are increasing in this survey.
World Economic Forum, WEF, climate change, report, risks, cyber, economic