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Science
74% Informative
Günther Thallinger is on the board of Allianz SE, one of the world’s biggest insurance companies.
He said the world is fast approaching temperature levels where insurers will no longer be able to offer cover for many climate risks.
Without insurance, many other financial services become unviable, from mortgages to investments, he said.
If we succeed in our transition, we will enjoy a more efficient, competitive economy [and] a higher quality of life.”.
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