Floods have cost the insurance industry dearly - banks are next (Børsen op-ed, in Danish)
The financial effects of climate change are already visible in Denmark’s insurance industry. But the next wave may hit banking—and harder. In this op-ed, we argue that climate-linked shocks are becoming systemic, and that financial regulators risk falling behind.
We offer concrete suggestions for how the financial sector can get ahead—not just in compliance, but in resilience.
