Making sure insurers aren’t left high and dry with stranded assets
As we transition to a low carbon economy, Simon Konsta, disputes partner at international law firm DAC Beachcroft, explores the risk of stranded assets, which affect insurers both in terms of investment and claims.
The term “stranded assets” is often used in the context of climate change.
While the concept is not new, the changes necessary to advance climate action, such as regulation, legislation and litigation
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