JP Morgan addressing the "doom loop" of climate change destruction. It's not an altruistic climate report, by no means, but more of a "we FAFO about climate. Now going to lose money. Now what!"
Sections like,
"Rising losses: attempting to price extreme weather and climate events as they influence the property and casualty market" and "Escaping the doom loop of rising costs and private sector exit"
🔗 "Insurance: Weathering the storm
of inflation, climate change and
market-distorting state regulation"
https://www.jpmorgan.com/content/dam/jpm/cib/documents/Weathering_the_storm.pdf