South African short-term insurer Santam joined ClimateWise to address climate change, Santam will now have a voice at the UN climate change negotiations in Copenhagen in December this year. Executive Head of Risk Services at Santam, Hendri Nigrini said: “As a society we need to reduce the risk of environmental catastrophes occurring in the longer term and that there are limits as to how much climate risk can be transferred to the insurance industry.”
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