Half of boardrooms do not have expertise to tackle climate risks

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A survey by Willis Towers Watson and the Nasdaq Center for Board Excellence has revealed that almost half of respondents reported their boards lacked expertise to respond to climate risk.

Nearly half of the respondents (48%) in the survey said their boards lack the skills and expertise needed to provide effective oversight of the climate risks facing their companies.

Although the

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Labour promises to rip up red tape for insurers

Tulip Siddiq, shadow economic secretary to HM Treasury, has promised if the Labour party gets into power she will make sure regulation encourages growth and competitiveness in the insurance industry.

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