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Operations of mutual funds and insurance companies

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Please explain in great detail, with sources.

Mutual funds and insurance companies are exposed to liquidity risk, credit risk and market risk, among other types of risk. To what extent will climate change affect these risks for mutual funds and insurance companies? As a result of these impacts, how will mutual funds and insurance companies respond operationally? Your response should indicate that you understand the risks and the operations of mutual funds and insurance companies. You should also be sure to support your comments.

Reference no: EM133119127

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