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Gdv Supports Insurers in Climate Risks
Summary by Herbert Frommes Versicherungsmonitor
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The German Association of Insurers (GDV) has updated its guideline "Climate Change Scenarios in ORSA. This publication, based on scientific models, contains various climate scenarios and is intended to help insurers with risk management. According to the GDV, companies can identify the physical risks of climate change, such as extreme weather events or changed climate zones, early and align their business model accordingly sustainably.
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