Asia: Call for Insurers to Help with Adaptation Measures against Climate Change

October 2008
Asia Insurance Review;Oct2008, p12
Trade Publication
The article highlights the report "Coastal Communities and Climate Change" published by Lloyd's and Risk Management Solutions (RMS) on the threat posed by climate change towards Asian cities such as Hong Kong, Tokyo and others such as New York. The report indicates that losses from coastal flooding for high-risk properties may double in 2030 unless action is taken to reduce global warming. However, the risk may be reduced to below current levels if adaptation measures are taken.


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