Status quo doesn't work. It's not good for victims and timely payments. Insurance industry is being squeezed by the way Climate risk is financial risk. You cannot insure an environment of such extremes. Another reason we're investing in low carbon green growth and electric vehicles. But we've got to work all that out. (27:16–27:20)
CLAIM
Asserts that climate risk is equivalent to financial risk.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
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