Action urgently needed to save the conditions under which markets – and civilisation itself – can operate, says senior Allianz figure
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The original was posted on /r/collapse by /u/Konradleijon on 2025-04-03 11:36:16+00:00.

The climate crisis poses a significant threat to capitalism, warns a top insurer. Extreme weather events are causing substantial damage, making insurance coverage increasingly unaffordable. Without insurance, financial services like mortgages and investments become unviable, potentially leading to a climate-induced credit crunch