<
https://theconversation.com/wild-weather-is-costing-billions-of-dollars-and-putting-the-future-of-insurance-in-doubt-237983>
"Late winter and early spring has been marked by wild weather sweeping large
parts of Australia, damaging homes and businesses and causing power outages.
Such unpredictable weather is also occurring around the world and driving huge
rises in premiums to the point where the future of insurance is in doubt.
In 2022, floods, hurricanes, hailstorms, winter storms and droughts amounted to
more than A$149 billion in insured losses globally with losses growing five
years prior.
The full impact and cost of the latest events in Australia will not be known
for some time, but it can be expected to be significant."
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
