Insurance in the Polycrisis
In this Phenomenal World analysis, Kate Mackenzie and Tim Sahay examine how climate-driven disasters are destabilizing the global insurance industry and, by extension, financial and housing markets. They warn of a looming “doom loop” in which rising floods, fires, and storms render properties uninsurable, leading to unmortgageable homes, collapsing housing markets, and systemic economic strain. […]
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