Bloomberg Daybreak Weekend: Inflation, Weather, Baba
Bloomberg Daybreak: Asia Edition
00:00
The Impact of Climate Change on Insurance Prices
Munich Re head of Corporate Climate Centre Ernst Routh says climate change is driving up the risk premium. But he adds that there's no simple answer to how much more expensive insurance will get as a result, especially in parts of the world which are uninsurable. "The challenge is much more if we look at the need to adjust our prices in line with increasing risks and here climate change drives up the risks"
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