Kerrrrrrrching. Insurers cashing in on "Climate Change"

[DimPrawn]

http://news.bbc.co.uk/1/hi/business/8342120.stm

The report for the ABI, which included predictions from the Met Office, studied the financial effect of temperature increases of 2C, 4C and 6C.

Based on a 4C rise, the average annual insured losses from river flooding and flash floods in the UK could rise by 14% to £633m by 2060. Windstorm losses could rise by 25% to £827m each year.

However, in the south-west of England, flood damage losses could increase by 29%.

[DiscoStu]

There's a plan B for someone as rich as yourself DP. Buy lots of houses at the top of hills and just wait for them to appreciate.

[TimberWolf]

Why are there no studies into the benefits of climate change?

[sasguru]

It's lucky for shareholders that you're an unemployed wannabe from Swindon rather than an insurance co. executive, innit.

[BoredBloke]

There's a plan B for someone as rich as yourself DP. Buy lots of houses at the top of hills and just wait for them to appreciate.

Ok they will avoid the river/water premium but they will be hit with the wind one!

[Tingles]

Why are there no studies into the benefits of climate change?

Vineyards in York could be a winner....

[gingerjedi]

http://news.bbc.co.uk/1/hi/business/8342120.stm

Don't mock my religion.

Sasguru.

[SantaClaus]

Why are there no studies into the benefits of climate change?

Yeah, there's tons of benefits:

• Lower heating bills.
• Mediteranean plants and an olive grove growing in my garden.
• Warm winter days, perfect for a nice walk.
• No de-icing the car every morning in the winter.

Oh, did I mention? I live on top of a hill