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Climate disasters lead to billions in insurance losses. Could they trigger a financial crisis?

Retrieved on: 2025-02-05 10:32:28

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Climate disasters lead to billions in insurance losses. Could they trigger a financial crisis?. View article details on hiswai:

Summary

The article connects 'Global warming' with increasing insurance challenges due to severe climate events like wildfires in Los Angeles, hurricanes in the U.S., and floods in Canada, impacting insurability and broader financial stability. Tags such as 'Insurance', 'Wildfire', and 'United States' highlight relevant locations and sectors affected, with expert Gary Yohe discussing potential cascading financial crises.

Article found on: www.cbc.ca

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