Gallagher Re warns of climate litigation risk to liability books
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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