> Indian Insurance: Billionaire Tom Steyer’s Commercial Real Estate Lead Says ‘Watch Insurance Risk’

Wednesday, October 9, 2024

Billionaire Tom Steyer’s Commercial Real Estate Lead Says ‘Watch Insurance Risk’

Joseph Sumberg, a former managing director at Goldman Sachs Group Inc. who now works for billionaire climate investor Tom Steyer, says commercial real estate deals will increasingly need to price in rising insurance costs, as hurricane seasons get more destructive …

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