No safety net: Insurance starts to go away
The increasing costs of climate-change linked disasters is pushing the insurance industry to the brink.
insurance
Insuring Our Children’s Future in the Age of Climate Change
What does it say when the risk-takers see potential damages as too high to cover even with premium increases? It doesn’t take a genius to figure the problem will only get worse as Earth’s rate of warming increases and the price tags of climate-related disasters rise.
Climate change and the uninsurable future
Insurance is a cornerstone of modern industrial life. Without it much of the daily activity of society would come to a halt. Climate change is threatening the viability of insurance arrangements as it brings on ever more destructive weather.
Insuring against catastrophe: The coronavirus predicament
For some reason people and governments have chosen not to insure themselves (individually or collectively) against two catastrophes that have been much in the news lately: pandemics and large investment losses.