Gallagher Re warns of climate litigation risk to liability books

coal power pollution

Liability insurers must take of the rising tide of climate litigation, which could present a massive – albeit uncertain – exposure to multiple portfolios, Gallagher Re has warned.

Climate-related litigation has been increasing steeply in recent years, reaching a peak in terms of new cases filed in 2021, and remaining at a high level since then.

According to the Grantham

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