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Instant Insights / The impact of climate change on P&C insurance

Scientists have built consensus around the probability that more powerful floods, fires, droughts and storms will occur with higher frequency as the Earth gets hotter.

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The burning of fossil fuels produces CO2 and other so-called greenhouse gases (GHGs) that scientists have linked to global warming and other changes in the Earth’s climate. In just the last year, so-called carbon extractors and heavy users of fossil fuels have come under heightened scrutiny.

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