Emily Cunningham Retweeted Alex Steffen
Speaking of the brittleness bubble, the WSJ also recently did a piece on the insurance industry and climate change. "if certain coastal areas are so exposed, insurance becomes no longer viable. It becomes even uninsurable.” Thread: https://twitter.com/emahlee/status/1081090678459752448 …https://twitter.com/AlexSteffen/status/1083543660996640768 …
Emily Cunningham added,
Alex SteffenVerified account @AlexSteffen
“Insurers have [come to understand] that pricing in the impact of extreme weather events that are already becoming common will jack up premiums manifold, even as property, health and life in some areas become uninsurable.”
Brittleness bubble. https://www.financialexpress.com/opinion/unnatural-calamity-know-how-climate-change-is-wreaking-havoc-on-the-insurance-industry/1439022/ …
11:57 PM - 10 Jan 2019
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