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Is the world becoming uninsurable?

(charleshughsmith.substack.com)
512 points spking | 1 comments | 17 Jan 25 00:32 UTC | HN request time: 0.231s | 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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1. Ferret7446 ◴[21 Jan 25 07:31 UTC] No.42777447[source]▶
I mean, the answer is obviously no as long as you allow insurance prices to rise accordingly. Insurance is always possible if you pay the right price for the given level of risk/cost; if you can't afford the insurance, you can't afford the risk.