Flobal Warming Worst In Asia

http://news.asiaone.com/

In other words, they are looking for an excuse to raise premiums.

About Tony Heller

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14 Responses to Flobal Warming Worst In Asia

  1. Amino Acids in Meteorites says:

    Yes, global warming always involves money.

  2. Al Gored says:

    Right you are Steve. The real headline here is “Income change fastest in S-E Asia.”

    So they will be “feeling the effects of climate change faster.” And what with the higher risks and all, insurance companies have no choice. It has been determined that “climate change” causes everything.

    But I am confused. This article explains that S-E Asia got its particularly bad case of planetary fever because it is “surrounded” by “Large land masses,” yet maps show that region mostly surrounded by water. Are all the maps wrong?

  3. Can you say typo?
    Can you say megalomaniacal shape-shifting anthropogenic lying excrement?

  4. R. de Haan says:

    There is of course the basic bond between the banks and the insurance business.
    What is it what the banks want most….Carbon Trading.
    What is the best way to promote Carbon Trading….?
    Right, if the professional Risk Assessment Bureau, department climate change of a big insurance company continues to promote the hoax. It’s a classic example of one hand washing the other.

    I really think we have made a big mistake to bail the bastards out when their house of cards collapsed. But that’s a whole different story.

  5. Paul H says:

    Err, let’s see.

    An insurance company foresees all sorts of disasters. So what does it do? Goes out and tries to sell people insurance against it.

    Sounds like a quick way to bankruptcy.

    On the other hand they might be lying?

  6. PhilJourdan says:

    Funny thing about insurance companies (much to the chagrin of politicians and the knowledge of most people). They are in the business to get the facts right, not the politics. Their job is measured in how close they can shave the margins between loss and premiums, and stay in business. So if Insurance A jacks up your premiums to WOW, but B maintains a rate of OUCH, then money flows from A to B. And A does not stay around very long.

    The goose in the gotcha is lawsuits. Lawyers always queer the numbers, adding costs where none are due. We know this through Edwards Channeling of non-existent relationships between drugs and babies. Lawyers can send costs soaring for no reason other than they need to make payments on their yachts. Eventually, the cost will reach the consumer (quicker than politicians would have you think). So while the studies may be bogus, the insurance companies are not lining their pockets because of them. Instead, they are just adding legal reserves to pay the next shyster who says that breathing causes cancer.

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