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silence7@slrpnk.netM to Climate - truthful information about climate, related activism and politics.@slrpnk.netEnglish · 1 month ago

Why insurers worry the world could soon become uninsurable

www.cnbc.com

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Why insurers worry the world could soon become uninsurable

www.cnbc.com

silence7@slrpnk.netM to Climate - truthful information about climate, related activism and politics.@slrpnk.netEnglish · 1 month ago
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Günther Thallinger, a board member at Allianz, one of the world's biggest insurers, says the climate crisis could make adaptation economically unviable.
  • womjunru@lemmy.cafe
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    1 month ago

    Quite a bit, I’m sure, but the people who own them have their fingers in many pots

    • CubitOom@infosec.pub
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      1 month ago

      Hmm, seems like profits actually increased

      • https://m.macrotrends.net/stocks/charts/ALL/allstate/gross-profit

        Allstate gross profit for the twelve months ending June 30, 2025 was $24.546B, a 23.67% increase year-over-year.

      • https://m.macrotrends.net/stocks/charts/PGR/progressive/gross-profit

        Progressive gross profit for the twelve months ending June 30, 2025 was $9.737B, a 3.56% increase year-over-year.

      • https://m.macrotrends.net/stocks/charts/TRV/travelers/gross-profit

        Travelers gross profit for the twelve months ending June 30, 2025 was $20.013B, a 17.62% increase year-over-year.

      • womjunru@lemmy.cafe
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        1 month ago

        They just charge more. I remember the days when being a good driver would LOWER your insurance

      • Auli@lemmy.ca
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        1 month ago

        They just deny all the claims. Pat for insurance and never get a buy out.

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Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.

As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades: Graph of temperature as observed with significant warming, and simulated without added greenhouse gases and other anthropogentic changes, which shows no significant warming

How much each change to the atmosphere has warmed the world: IPCC AR6 Figure 2 - Thee bar charts: first chart: how much each gas has warmed the world.  About 1C of total warming.  Second chart:  about 1.5C of total warming from well-mixed greenhouse gases, offset by 0.4C of cooling from aerosols and negligible influence from changes to solar output, volcanoes, and internal variability.  Third chart: about 1.25C of warming from CO2, 0.5C from methane, and a bunch more in small quantities from other gases.  About 0.5C of cooling with large error bars from SO2.

Recommended actions to cut greenhouse gas emissions in the near future:

Anti-science, inactivism, and unsupported conspiracy theories are not ok here.

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