Kerrrrrrrching. Insurers cashing in on "Climate Change"

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SantaClaus replied

4 November 2009, 13:14
Originally posted by TimberWolf View Post

Why are there no studies into the benefits of climate change?

Yeah, there's tons of benefits:

Lower heating bills.

Mediteranean plants and an olive grove growing in my garden.

Warm winter days, perfect for a nice walk.

No de-icing the car every morning in the winter.

Oh, did I mention? I live on top of a hill
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gingerjedi replied

4 November 2009, 13:02
Originally posted by DimPrawn View Post

http://news.bbc.co.uk/1/hi/business/8342120.stm

Don't mock my religion.

Sasguru.
Leave a comment:
Tingles replied

4 November 2009, 12:52
Originally posted by TimberWolf View Post

Why are there no studies into the benefits of climate change?

Vineyards in York could be a winner....
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BoredBloke replied

4 November 2009, 12:43
Originally posted by DiscoStu View Post

There's a plan B for someone as rich as yourself DP. Buy lots of houses at the top of hills and just wait for them to appreciate.

Ok they will avoid the river/water premium but they will be hit with the wind one!
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sasguru replied

4 November 2009, 12:14
Originally posted by DimPrawn View Post

It's lucky for shareholders that you're an unemployed wannabe from Swindon rather than an insurance co. executive, innit.
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TimberWolf replied

4 November 2009, 11:49
Why are there no studies into the benefits of climate change?
Leave a comment:
DiscoStu replied

4 November 2009, 11:48
There's a plan B for someone as rich as yourself DP. Buy lots of houses at the top of hills and just wait for them to appreciate.
Leave a comment:
DimPrawn started a topic Kerrrrrrrching. Insurers cashing in on "Climate Change"

4 November 2009, 11:46
Kerrrrrrrching. Insurers cashing in on "Climate Change"

http://news.bbc.co.uk/1/hi/business/8342120.stm

The report for the ABI, which included predictions from the Met Office, studied the financial effect of temperature increases of 2C, 4C and 6C.

Based on a 4C rise, the average annual insured losses from river flooding and flash floods in the UK could rise by 14% to £633m by 2060. Windstorm losses could rise by 25% to £827m each year.

However, in the south-west of England, flood damage losses could increase by 29%.
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