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Is the world becoming uninsurable?

(charleshughsmith.substack.com)
478 points spking | 1 comments | | HN request time: 0.001s | source
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tobyhinloopen ◴[] 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 ◴[] No.42735252[source]
Climate change enters the chat...
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adrianN ◴[] 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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1. rbanffy ◴[] No.42736425[source]
> Even pessimistic scenarios don't predict threats to buildings

Floods, storms, droughts, fire? They appear to be getting worse.

More restrictive codes designed for better fireproofing buildings, for instance, can solve a number of problems in California in fire prone areas. Another thing that has a political solution is forest management. Lack of water can be solved by desalination, which becomes an energy problem rather than a water one. Very dry areas can benefit from solar panels because they reduce water loss from evaporation, thus reducing the pressure on water supplies.

It is expensive, but that's another problem.