Reposted by @marshdonnell.bsky.social
Having worked with the insurance and banking sectors for many years, this comes as absolutely no surprise whatsoever
Only a matter of time before the continuing explosion of extreme weather begins to take down major insurance companies
www.theguardian.com/commentisfre...
theguardian.com
I work for a major insurer. Much of my industry is fudging the numbers in the face of the climate crisis | Anonymous
Insurers are taking on more risk than they should. If – or when – a major disaster hits, the catastrophe will have far-reaching consequences, says an anonymous modeller and whistleblower