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An anonymous insurance industry insider, writing in the Guardian, warned that much of the insurance sector is 'fudging the numbers' in assessing the risk posed by the climate crisis to properties worldwide, from homes to commercial centres. The author, who assesses natural disaster risk for a major insurer, argues the industry is taking on more risk than it should. The piece warns that if or when a major disaster strikes, the mismatch between underestimated risk and actual exposure could have far-reaching consequences for the global financial system.