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Take greater heed of climate risks, insurers warned

By 2020-11-24T08:08:00

climate change risks

Law firm partner says insurers may need to take a leaf out of cyber insurance’s book with ‘explicit exclusions’

Insurers looking to incorporate climate change-related liability risks into policy wordings should look to the cyber market as an example, as it uses “explicit exclusions” for “cyber exposure that was lurking in mainstream policies”, said Nigel Brook, partner at law firm Clyde and Co.

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