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International

Regulator looks to tackle insurers' climate change risk

March 19, 2019 Reprints

U.K.'s Prudential Regulation Authority is expected to create a policy statement and survey for insurers to tackle climate change-related financial risks, Out-Law.com reported. David Rule, an official at the Prudential Regulation Authority, said that climate change-related disasters such as floods pose high risk to the property sector and insurers.

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Regulator looks to tackle insurers' climate change risk

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