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Dozens of New Insurance Products Emerging to Tackle Climate Change and Rising Weather Losses

Author: Ceres, Published on: 22 August 2006

Dozens of new insurance activities, such as 'green' building credits and incentives for investing in renewable energy, are emerging to tackle the causes of climate change and rising weather-related losses in the U.S. and globally, according to a major new report issued today by the Ceres investor coalition. But the report also states that more insurance companies need to be offering similar services to minimize losses and make the most of business opportunities related to climate change. [refers to positive steps by Fireman's Fund (part of Allianz), Marsh (part of Marsh & McLennan), AIG, FM Global, Tokio Marine & Nichido Life (part of Millea)]

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Related companies: AIG Allianz Fireman's Fund (part of Allianz) FM Global Marsh & McLennan Marsh (part of Marsh & McLennan) Millea Tokio Marine & Nichido (part of Millea)