Munich Re, one of the world's largest reinsurance companies, said Wednesday that it expects to see an increase in the frequency and intensity of weather-related disasters in certain parts of the world. Reinsurance companies sell cover to insurers to protect them from very large losses.Australia's deadly wildfires are showing no signs of stopping.
The Insurance Council of Australia said in a statement Tuesday that insurance losses from bush fires this season stood at $700 million Australian dollars . Insurers have received nearly 9,000 claims since September and"many more" are expected to be lodged in coming days and weeks, the Insurance Council said. At least 26 people have died in the fires, according to Australian police. A residence in Sarsfield, Australia on December 31, 2019.
$150 billion? Isn't that the exact amount Obama sent to his Islamic brothers? Too bad, we could have used it for 'climate change'.
What kinda sh.. is she smoking? Should not be high and in office! Some one from the 60s must have a secret stash, she is so far out there the next moon trip will be to bring her back! Naw, ain't worth the trouble.
Omar blames Americans for catastrophic flooding in other countries, but CHINA produces double the greenhouse emission gases of what America produces. It's a fact look it up
It’s good that we have less hurricanes, less tornadoes, less violent weather over all. It’s good we have more crops than ever before.
In other words all of the disasters in the world cost 1.5 Jeff Bezos's
This scientist makes the points: 1. All life is on earth is Cbased 2. CO2 is the source of C on earth 3. Atmospheric CO2 has been declining dissolved in the ocean & there is a threat of LOW levels leading to plant extinction 4. If that happens we all die
No, dollars are not a good measure. People have become more wealthy, replacement costs have increased, and more people building and living in higher risk areas. BTW, we are still exiting the last ice age. Ice Ages are not the norm for Earth. It’s are norm as humans evolved during
Climate change my A$$.
Climate change is natural. It's due to the Milankovitch cycles. Climate change activists are trying to redistribute wealth. It's a scam.
Hurricanes had been there since year one, way before any 'climate change' we always have times with more or less, we need to stop the crap! ClimateChangeHoax LiberalismIsAMentalDisorder LiberalHypocrisy
Can the American Taxpayers imagine the Political kickbacks all over the World
Arson is real
Funding terrorists cost the US $150 billion
We know the Gov is setting these fires.
Gee that seems to be the same amount the US spent on illegals last year!
happens in California. Antifa, Socialists, Democrats Islamic Terrorist use it as a weapon against the west and Capitalism liberalsstartwildfires
Just how do you plan on changing God’s will? The fires that happen in California, in particular, is a direct result of poor policies imposed by the state government. You have to clear out the forests to avoid these fires from happening.
The sky is falling! The sky is falling! Oh, wait, nevemind, it’s just CNN. FakeNews
How about pegging carbon taxes and fossil fuel subsidy cuts at double the climate costs of the past year? Use 1/2 to pay full remediation costs and 1/2 towards incentives and investments into green energy transition.
BuT HoW cOUld wE eVeR pAY fOr a grEEN nEw DEal?
Cost the world..? No it costs us, who pay insurance, mine alone increased $120 per month
Lol California
Except the current wildfires in Australia were related to arson and who knows how many others.
Presented without evidence.
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