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Insurance, Climate and Capitalism
Summary by Herbert Frommes Versicherungsmonitor
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Herbert Frommes Column The ideological war on climate change is in full swing. In the US, the Trump administration has made the view that there is no human-made climate change into a state ideology. Some companies join, often under pressure. In Germany, too, the enthusiasm for climate goals is diminishing, the Munich Re leaves climate initiatives. In this situation, Allianz CEO Günther Thallinger argues that capitalism is very real-life endanger…
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