Thursday, October 27, 2011

Thai Flood May Lead Insurance companies to speak against #climatechange

Chrisophe Archambault/AFP/Getty Images 
Thai Flood May Lead to $2.5 Billion Payout by Japan Insurers - Businessweek: "Oct. 27 (Bloomberg) -- Japan’s casualty insurers may face about 190 billion yen ($2.5 billion) in net payouts to cover damages from Thailand’s floods, according to Deutsche Bank AG."
Expect a sudden change of tack by climate delayers. The insurance industry will soon be forced to split with the oil industry -- flipping the "debate" to the side of real science.