Lloyd's new 360 Risk Project is dedicated to examining issues that affect the insurance industry, and its first conference took on today's most far-reaching and important issue – the debate over climate change, global warming and greenhouse gasses. In a published report -"Climate Change Adapt or Bust-" issued before the conference, Lloyd's set the tone for the debate. It acknowledged that the "facts are often confused by politics and by a wealth of different – and sometimes conflicting - evidence from a range of scientific and other sources." However, the report comes down firmly on the side of those who are convinced that the world's climate is changing – "and that human activity is playing a major role." The report stressed that "there could hardly be a debate of greater importance to the insurance industry."
See Insurance Journal article

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