CleanTechnicaSeptember 30, 2021 By Zachary Shahan
Insurance Companies Getting Very Concerned About Climate Change (Again) SNIPPETS:
“Climate change has surpassed insurance companies’ concerns over diseases and pandemics, according to a new report released yesterday by French insurance company AXA,” Nexus Media writes. “The report, which surveyed 3,500 insurance professionals, showed that global warming ranked number one among insurers’ biggest concerns.” You don’t say?
“Climate risks have been on insurance companies’ radars for some time: climate worry also was at the top of the survey in 2018 and 2019, but the recent IPCC report illustrated how widespread and destructive climate-related disasters already are and will continue to be if the world does not rapidly reduce fossil fuel combustion while scaling up global resilience and adaptation efforts.
The survey also found that more than four-fifths of the professionals surveyed lack faith in governments to combat the crisis.” The only surprising thing for me there is that one-fifth of those professionals think governments will do what’s needed. ... ...
If 2020 and 2021 have shown us anything, they’ve shown us that humans can be especially talented at detaching themselves from reality.
Full article:
https://cleantechnica.com/2021/09/29/insurance-companies-getting-very-concerned-about-climate-change/