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Natural Disasters Quadruple - Insurers Getting Queasy?

Anecdotal observation leads many of us to the realization our environment is changing, once in a while "officialdom" discloses information which supports said personal observation, this is usually couched in terms of either a climate change 'taxation" opportunity or as a cost burden to corporate interests, seldom is the human misery aspect considered or practical adaptation strategies offered.

The topic of extreme earth change is most often cited by authorities as a phenomena of huge surprise. The only surprise in these conversations is that folks seem entrenched in a thought we live in a fixed and frozen galactic situation. It is a dynamic environment,extremely fluid and constantly active.

Solar system CHANGE is normal. Observing the changes is normal. Experiencing the changes is normal.

Not addressing the coming and unavoidable "shifts" is abnormal.

If you think the solar system will stay in the (current) short lived "sweet spot" to accommodate your personal desires, is delusional.  The cyclic nature of cosmic change precludes accommodating climatic or crustal stability in a convenient state - stay open to the reality of constant change and recognize adaptation is an immutable requirement, not an option, else close your eyes and carry on... regardless.

And no, taxation is not likely to fund a "remedy." No matter what your governance offers in the way of "reversals" or "fixes." Consider options and realize some locales  are less prone to the imminent changes... while other locations will prove deadly.

As an aside 80% of the worlds population have been enticed to relocate into "bulls eye" regions...

A recent acknowledgement of extreme earth environment change concerns itself with the drastic insurance risks associated with them, the article laments re-insurers are struggling to raise prices for disaster insurance amid intense competition, and the rise in popularity of catastrophe bonds - seen as an alternative form of cover. There is not much mention of how populations can mitigate personal risk to themselves, or how adaptation should be the focus for risk avoidance, the topic as usual commands only commercial attention.

Reinsurers should price in rise in natural disasters
The study showed the number of weather-related loss events in North America nearly quintupled in the past three decades, compared with an increase factor of four in Asia, 2.5 in Africa, two in Europe and 1.5 in South America.
Hurricane Katrina was the deadliest event and the insurance industry's most costly natural disaster, leading to more than $40 billion of claims, after it struck New Orleans in 2005.
Munich Re said that until now socioeconomic factors such as population growth in urban areas had accounted for rising insured losses, but their records showed evidence that climate change was leading to an increase in natural catastrophes.
This is the case particularly in North America, where the climate is ripe for tropical cyclones, thunderstorms, winter storms, tornadoes, wildfires, drought and flood.
The underlying point is...in the face of undeniable extreme climatic planetary shift and resulting hardship, the authorities are not responding to the rapidly escalating needs of threatened populations through either frequent cautions or intelligent, well thought out adaptation strategies, it seems the only aspect addressed is the "commercial" impacts and how corporations can best preserve their bottom lines during this period of ever escalating turmoil and chaos.

For those interested in reducing personal risk in our adversely changing environment... self-realization and self-preservation is incumbent on the individual who should expect no intelligent council from their governance.

Besides the undeniable environment upheaval we need also to consider the companion socioeconomic degradation occurring throughout societies around the globe, chaos is with us and only perceptive observation will provide the cues for personal diminished risk strategies.

Being mentally prepared for encroaching chaos is a huge part of mitigation.When the upset arrives the time for preparation has passed.

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Stay tuned...
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