Reinsurer cites dual motivations as to why climate change and the transition to net zero carbon emissions needs to be pushed up global agendas
The global drive to mitigate climate change and embrace renewable energy “is more urgent than ever before” – not only to combat the recent uptick in associated secondary perils, such as flooding, but to also secure independence from the world’s key fossil fuel provider, Russia.
This is according to Torsten Jeworrek, chief executive of reinsurance at Munich Re, who was addressing delegates attending Rendez-Vous de Septembre in Monte Carlo on 11 September 2022.
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