Insurance has a leading role to play in addressing climate emergency, SIRC 2019 delegates hear

The re/insurance industry is uniquely placed to address risks associated with climate change, having been assessing these types of risks for decades. However, the message delivered at the Winds of Change panel discussion the Singapore International Reinsurance Conference yesterday was a stark one: climate change is not so much a business opportunity as a threat to civilisation, and re/insurance companies that still cover the coal industry need to rapidly reassess their position.