2008 Third Worst Year for Weather-related Insurance Claims

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Climate change has already started and is very probably contributing to increasingly frequent weather extremes and ensuing natural catastrophes.”

Torsten Jeworrek, Board of Management, Munich Re

Once again the world’s foremost risk analysts (the leading lights in the international reinsurance industry) have offered up their analysis confirming the gathering risks from global warming. The New York Times Business Page has the news here.

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