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And the reinsurance folks seem to say that there is absolutely no evidence that there has been an uptick in these big disastrous storms. People are constantly
by tuna-piano 9y ago
And the reinsurance folks seem to say that there is absolutely no evidence that there has been an uptick in these big disastrous storms. People are constantly thinking of global warming, so when they see a storm, they say "Aha! Global Warming!". Of course there have always been hurricanes, and human perception/remembering is not a replacement for statistics and math.
From Warren Buffet (One of the largest insurers of this type in the world) "...climate change had not up until then [2016]
produced more frequent nor more costly hurricanes nor other weather-related events covered by insurance.""
https://www.cnbc.com/2017/02/27/warren-buffett-global-warming-not-impacting-berkshires-insurance-biz.html https://www.cnbc.com/2017/02/27/warren-buffett-global-warmin...