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Ceres report says insurers developing new products to tackle climate change, but more firms should offer such products
[PDF] From Risk to Opportunity: How Insurers Can Proactively and Profitably Manage Climate Change
Author: Evan Mills, Staff Scientist, US Department of Energy’s Lawrence Berkeley National Laboratory; Eugene Lecomte, President Emeritus of Institute for Business & Home Safety; for Ceres
...while climate change poses potential threats, it also creates vast new business opportunities... [Insurers] have a huge opportunity today to develop creative loss-prevention solutions and products that will reduce climate-related losses for...
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- Related companies: ACE Group Aegon Aetna AGF - Assurances Générales de France (part of Allianz) AIG Aioi Insurance Allianz Allstate American Modern Insurance (part of Midland Company) American National Insurance Aon Aspen Insurance Aviva AXA Berkshire Hathaway Chubb Group CIGNA Cincinnati Financial Duke Energy Ergo (part of Munich Re) Fireman's Fund (part of Allianz) FM Global GEICO (part of Berkshire Hathaway) General Motors Gerling Group GMAC (now Ally Financial) Goldman Sachs Groupama Hanover Insurance Harleysville Insurance Hartford Financial Services Hartford Steam Boiler (part of AIG) Insurance Australia Group KBC Legal & General Lloyd's of London Marsh & McLennan Marsh (part of Marsh & McLennan) Metlife Midland Company Millea Mitsui Sumitomo Insurance (part of Sumitomo Group) Munich Re Nationwide Mutual Insurance Nedbank New York Life Norwich Union (part of Aviva) NSTAR Phoenix Companies Progressive Insurance Prudential Financial Prudential plc Ras (part of Allianz) RNK Capital Safeco Solomon Associates (part of AIG) State Farm Insurance Storebrand Sumitomo Group Swiss Re Tokio Marine & Nichido (part of Millea) Travelers UnumProvident USAA Wellpoint Zurich