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Insurer Whistleblower Warns Climate Risk Models Are Being Softened

A risk modeller at a major insurer says staff are under pressure to lower disaster loss forecasts to keep premiums competitive, warning that the industry is carrying more climate risk than it can absorb.

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Bertrand Paris Romaskevich · CC BY-SA 3.0 · rights

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A risk modeller at a major insurer says staff are under pressure to lower disaster loss forecasts to keep premiums competitive, warning that the industry is carrying more climate risk than it can absorb.