The challenges associated with climate change are fast becominga major industry concern, and it is a topic that is certainly onthe minds of many who think about the issues impacting theinsurance industry.
According to a global survey of more than 100 insurance equityanalysts recently conducted by Accenture, "climate change andenvironmental issues" was the most widely cited industry challengeamong property-casualty insurers--ahead of aging systems andinformation technology modernization as well as new regulations andreforms.
One major concern is increased hurricane activity caused bywarmer-than-average ocean temperatures, partly the result of globalwarming.
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