Risk managers must act to tackle climate change as premiums soar in Australia

Bushfire at Mount Solitary in Australia's Blue Mountains. Credit: iStock/lovleah

Australian risk managers, particularly those in the tourism industry, must brace themselves for tough renewals during 2020 as the bushfires that have devastated the country during the last two months continue to rage. A leading tourism association executive warned only last month that any “responsible” risk manager would accept that the mounting evidence of the dramatic impact of climate change…

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