The uninsurable world: how the market fell behind on climate change | Surge in floods and fires has caught out the insurance industry and added an ‘uncertainty factor’ to premiums

https://www.ft.com/content/b4bf187a-1040-4a28-9f9e-fa8c4603ed1b?accessToken=zwAGGe97T5R4kdO0vxh6EEBKKNOfnvqMRgPtGw.MEUCIFUzFFFNO-NY8XSU8c8YX9_eiQvkD00zxo13vsGQLQ7XAiEAkkFS-EshLXe96uyNKZR_ZJ-Dd_iLDqp2S00c15AaPgo&sharetype=gift&token=5bfa7c96-1b3b-49ce-b0ea-65983acff465

by silence7

2 comments
  1. Conservative capitalism is reactionary. It always has been. This is why we can’t rely on corporations to save the world. Governments need to do the things that corporations cannot do.

  2. There’s just no way insurance companies didn’t see this coming for decades. It’s their damn job, their bread and butter. They just decided to do nothing about it because they wanted to collect as much money as possible until the very last moment, and then they can ditch the market altogether

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