Theguardian.com/environment/2025/apr/03/climate-crisis-on-track-to-destroy-capitalism-warns-allianz-insurer
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Climate crisis on track to destroy capitalism, warns top insurer 2025/04/03 09:41
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- URL: https://www.theguardian.com/environment/2025/apr/03/climate-crisis-on-track-to-destroy-capitalism-warns-allianz-insurer
- Posted: 2025-04-03T09:41:10.000Z (date: 2025/04/03)
- Topics: global warming capitalism Allianz SE insurance
- Summary: «The world is fast approaching temperature levels where insurers will no longer be able to offer cover for many climate risks, said Günther Thallinger, on the board of Allianz SE, one of the world's biggest insurance companies. He said that without insurance, which is already being pulled in some places, many other financial services become unviable, from mortgages to investments.»
- source: The Guardian
- author: Damian Carrington