Climate change is causing an insurance crisis in Australia. The Climate Council of Australia found that river flooding poses the biggest risk to homes. Image via Shutterstock.
The insurance industry has great potential to do what investors, regulators and others haven't been able to: price climate risk sufficiently high so it changes corporate behavior and moves markets.
The insurance giant fleshes out how it intends to support transition towards a greener economy, from new insurance projects to climate resilience, response and recovery framework for nations vulnerable to climate impacts
