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Is the world becoming uninsurable?

(charleshughsmith.substack.com)
478 points spking | 1 comments | 17 Jan 25 00:32 UTC | HN request time: 0.209s | source
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phtrivier ◴[17 Jan 25 08:26 UTC] No.42735258[source]▶
Former CEO of AXA, a major French insurer, famously announced that a world at +4°C would be "uninsurrable" [1].

That was 10 years ago.

It's true that most predictions about climate are wrong - most of the time, they're optimistic. (Not always, fortunately [2])

[1] https://www.leparisien.fr/economie/business/special-cop21-un...

[2] https://www.theclimatebrink.com/p/emissions-are-no-longer-fo...

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igravious ◴[17 Jan 25 09:28 UTC] No.42735675[source]▶
+4°C is to the upper end of projections

if it did (which is not probable) happen it'd take until the end of the century

if we were to get there the entire world will be a different place; everything will have advanced so we won't be insuring our present world with our current knowledge and current tech but a future world with future knowledge and future tech

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1. hb-robo ◴[17 Jan 25 15:02 UTC] No.42738220[source]▶
We're up +1.5C already and it's a polynomial growth. This current figure was also on the "upper end" of projections from 25 years ago.