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US Insurers Invested in Fossil Fuels as Underwriting Risks Mounted: Report
Aug 8, 2023, 13:22 PM
by
Reuters
Published on August 8, 2023 • Business Insurance
U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets that in turn contribute to the risk of climate-related damage to the underwriting side of their businesses, a new report said Tuesday.