The ClimateWise report recommends investors take more thoroughinventories of housing and business real estate, making logs offlood risks and construction materials used. They should alsoincorporate scientists' climate projections into their owncatastrophe models. (Photo: Shutterstock)
(Bloomberg) — Insurers are increasingly worried that risingtemperatures will lead to a slump in property values that couldspark broader financial turmoil.
Those were the conclusions of a group out of theUniversity of Cambridge including some of the world's biggestinsurers.
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