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Premiums for the Planet is an Impact Entrepreneur nominee for the 2025 Earthshot Prize.
Insurance firms today find themselves between a rock and a hard place. Despite controlling an estimated $40 trillion in assets globally and generating $7 trillion in premiums each year, insurers’ ability to pay out on claims – and still offer reasonable premiums to customers – is increasingly at threat due to climate change and the increased intensity of hurricanes, wildfires and floods.
Brad Stevenson
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