Lloyd’s CEO: Climate Is the ‘Biggest Single Opportunity’ the Insurance Industry Has Ever Seen

climate change and higher insurance rates

According to the CEO of the centuries-old insurance market Lloyd’s, climate is the “ultimate systemic risk” and represents “the biggest single opportunity the insurance industry has ever seen.” In an interview with CNBC, John Neal, the British company’s CEO, attempted to paint a picture of how his industry would operate in the future. “We think… Continue reading Lloyd’s CEO: Climate Is the ‘Biggest Single Opportunity’ the Insurance Industry Has Ever Seen