Climate Change “Already Visible,” Say Insurers

Photo: Mila Zinkova (CC)

Photo: Mila Zinkova (CC)

In 1980 there were just 60 floods, blizzards, or thunderstorms, but in 2010 there were 247. “It’s likely that the number of strong storms involving rain, snow and hail is also rising because of warming temperatures,” says the head of the Corporate Climate Center at Munich Reinsurance, adding “we believe we have indications that climate change is already, at least to some extent, visible.”

The number of damaging storms rose from 50 reported thirty years ago to 150 in 2010, notes this environmental blog, adding that “While politicians bicker over the reality of climate change, insurance companies are dealing with its reality.” In fact, altogether the past year saw 950 disasters worldwide, where 30 years ago the number was a mere 400.

But wouldn’t it be interesting if the single most powerful lobbyist on the issue of climate legislation became the insurance companies?

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