Benjamin Carr, Ph.D. 👨🏻💻🧬<p><a href="https://hachyderm.io/tags/ClimateCrisis" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ClimateCrisis</span></a> on track to destroy <a href="https://hachyderm.io/tags/capitalism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>capitalism</span></a>, warns top <a href="https://hachyderm.io/tags/insurer" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>insurer</span></a><br>The world is fast approaching temperature levels where insurers will no longer be able to offer cover for many <a href="https://hachyderm.io/tags/climate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>climate</span></a> risks, said Gunther Thallinger, on the board of Allianz SE, one of the world's biggest <a href="https://hachyderm.io/tags/insurance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>insurance</span></a> companies. He said that without insurance, which is already being pulled in some places, many other financial services become unviable, from <a href="https://hachyderm.io/tags/mortgages" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>mortgages</span></a> to investments. <br><a href="https://www.theguardian.com/environment/2025/apr/03/climate-crisis-on-track-to-destroy-capitalism-warns-allianz-insurer" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">theguardian.com/environment/20</span><span class="invisible">25/apr/03/climate-crisis-on-track-to-destroy-capitalism-warns-allianz-insurer</span></a></p>