IUA identifies climate risk as top challenge facing London market carriers
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IUA identifies climate risk as top challenge facing London market carriers

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The most pressing challenge facing London market (re)insurers is climate risk, according to research by the International Underwriting Association (IUA).

The association revealed that, in a survey of its members, 27% of respondents chose climate change and wider environmental, social and governance (ESG) issues as the top challenges facing their companies.

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