Lloyd's of London

Worries Build Among Investors Over Oil and Gas Industry’s Exposure to Water and Climate Risks

When it comes to financial risks surrounding water, there is one industry that, according to a new report, is both among the most exposed to these risks and the least transparent to investors about them: the oil and gas industry.

This year, 1,073 of the world’s largest publicly listed companies faced requests from institutional investors concerned about the companies’ vulnerability to water-related risks that they disclose their plans for adapting and responding to issues like drought or water shortages.

World's Leading Risk Analyst Bringing Climate Debate to U.S.

The world's leading risk analyst, the reinsurance giant Lloyd's of London, has once again raised the red flag over climate change, per this article in the Insurance Journal.
Trevor Maynard, Lloyd's manager of emerging risks, says flatly: “Climate change is a very real threat. It would be unthinkable for us to ignore one of the biggest dangers we face in the coming decades.”
In the constant (and often idiotic) debate over climate change, the single rationale that deniers have mounted to explain the alleged worldwide “scientific conspiracy” to frighten the public about global warming is that the greatest scientists or our time are scuffling for government research grants.

Free Marketeers Speak Up on Climate Risk

“Climate change is today's problem not tomorrow's. If we don't take action now to understand the changing nature of our planet we will face extinction.” - Lloyd's of London director, Rolf Tolle.

For more complete coverage of the nervousness that prevails in the oldest insurance market in the world, click here.

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