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Is the world becoming uninsurable?

(charleshughsmith.substack.com)
476 points spking | 3 comments | 17 Jan 25 00:32 UTC | HN request time: 0.593s | source
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tobyhinloopen ◴[17 Jan 25 07:13 UTC] No.42734903[source]▶
American, living in area prone to natural disasters: "Is the WHOLE WORLD becoming uninsurable?"

The answer is obviously "no" since there are other parts of the world that don't live on a hurricane highway nor build houses made from firewood in an area prone to wildfires.

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nejsjsjsbsb ◴[17 Jan 25 08:24 UTC] No.42735252[source]▶
Climate change enters the chat...
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adrianN ◴[17 Jan 25 08:27 UTC] No.42735264[source]▶
Even pessimistic scenarios don't predict threats to buildings (other than war, which to my knowledge never was insurable) in most areas of the world.
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swiftcoder ◴[17 Jan 25 09:04 UTC] No.42735482[source]▶
I don't know about that. The Iberian peninsula is not historically at much risk for natural disasters, and we now suffer alternating forest fires and floods pretty much every year...
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1. lores ◴[17 Jan 25 10:13 UTC] No.42735963[source]▶
I remember forest fires yearly in northern Spain in the 80s. Are they more violent now?
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2. nejsjsjsbsb ◴[17 Jan 25 10:33 UTC] No.42736084[source]▶
Climate change deals frequency, rather than novelty. Oh and as crypto bros like to say: we're early.
3. swiftcoder ◴[17 Jan 25 22:37 UTC] No.42744010[source]▶
Mostly they seem to have planted a lot more Eucalyptus, which makes the fires worse. The severe floods on the other hand seem to be catching everyone by surprise.