Up to $1.5tn of pension capital available to tackle climate risk: Howden
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Up to $1.5tn of pension capital available to tackle climate risk: Howden

Up to $1.5tn of pension fund capital could be deployed in the (re)insurance space to tackle the protection gaps thrown up by climate change, according to a report from Howden.

The broker said climate change was driving the frequency and intensity of certain perils beyond historical norms, and that the last 50 years showed an “exponential” increase in severe weather events.

The

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