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riqster

(13,986 posts)
2. All very true
Mon Dec 10, 2012, 08:10 PM
Dec 2012

It is most noticeable in the insurance markets at present: but they drive lots of downstream business decisions. In addition to the cases mentioned in the blog post, the increased severity and frequency of weather events is changing the risk (and so the cost) of the way we've been doing business in the global sphere: ocean and overland shipping, for instance.

So, short term it's not a big deal. Long term, if a business is required to cut their cost of risk, it'll help.

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