industryterm:insurance market

  • Climate worries insurers and military | Climate News Network

    http://www.climatenewsnetwork.net/2014/05/climate-worries-insurers-and-military

    By Alex Kirby

    Powerful voices in finance and the armed forces raise concerns about the risks of increasingly extreme weather events causing billions of dollars of damage and potentially igniting humanitarian disasters and regional conflicts

    LONDON, 15 May − The risks associated with climate change have got some very important people worried − the people who pick up the bills, and those who clear up the mess or try to prevent it happening.

    The world’s biggest and oldest insurance market, Lloyd’s of London, has published a report that urges insurers to include climate risks in their models. It says: “Scientific research points conclusively to the existence of climate change driven by human activity.

    “Nevertheless, significant uncertainty remains on the nature and extent of the changes to our climate and the specific impacts this will generate. Many of the effects will become apparent over the coming decades and anticipating them will require forward projections, not solely historical data.”

    Quoting the Munich Re insurance group , the World Bank says damage and weather-related losses around the world have increased from an annual average of $50bn in the 1980s to nearly $200bn over the last decade.

    #climat #impact #armée #armement

    • Les militaires ne sont pas "soucieux" - ils ont simplement intégré le changement climatique au contexte de leurs missions : Mark Wright, a Pentagon spokesman, said : “This is a mission reality, not a political debate. The scientific forecast is for more Arctic ice melt, more sea-level rise, more intense storms, more flooding from storm surge, and more drought.” - si les militaires ont une qualité, c’est bien le pragmatisme.... Dommage que le reste du gouvernement ne s’en inspire pas sur ce point.