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Bank of England warns climate risks could widen UK insurance gaps

Reported · Written up by our desk · Health Insurance

The Bank of England, the UK’s central bank, has warned that climate change could widen the UK’s insurance protection gap, leaving more households exposed to the financial costs of flooding as extreme weather events become more damaging. In a speech delivered by James Talbot, the Bank’s Executive Director for International, at a sustainable finance conference […] The post Bank of England warns climate risks could widen UK insurance gaps appeared first on ReinsuranceNe.ws .

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Reinsurance NewsBank of England warns climate risks could widen UK insurance gaps

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