"After the events of the past two years, that question – what is going to
happen with insurance? – is proving increasingly significant for entire
communities and the insurance industry as they confront a climate-shocked
Mark Leplastrier, an atmospheric scientist who heads up Insurance Australia
Group’s (IAG) natural perils unit, says this specific flooding event was no
surprise. As Australia moves between El Niño and La Niña cycles, significant
weather events tend to cluster. The role of climate change, Leplastrier says,
is to make weather events a little worse with each passing cycle.
“Every disaster, every new major event – a cyclone, a flood, a bushfire, a
hailstorm – provides a chance to test your underlying assumptions,” Leplastrier
says. “The main thing is, with climate change in the background of a natural
variability cycle, if you have the same event coming back, and you have more
warming, you have extra rainfall or intensity associated with that."
Via Glyn Moody, who wrote "this has been apparent for years…"
*** Xanni ***
Chief Scientist, Xanadu
Partner, Glass Wings
Manager, Serious Cybernetics