USA - Reinsurance Head addresses Climate Change
Saturday, 01 09 2016, Category: Insurance and Reinsurance, Country: United States
Asked for his thoughts on climate change, Frank Nutter expeditiously turned to science.
His sphere of influence is far-ranging as president of the Reinsurance Association of America, a position he’s held since 1991. Nutter has addressed the topic of climate change with everyone from association members to reporters to Senate committees.
The focus of his message doesn’t really deviate.
“Our industry is science based,” Nutter said. “The actuarial sciences, and in this case the natural sciences.”
Expanding on that point, he said it’s “critical that the industry be knowledgeable about developments from the science community that reflect increasing knowledge about climate and weather.”
Nutter’s tone and words make it clear he doesn’t believe climate change should be considered a political matter.
Source: Insurance Journal