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Posted Wed Jan 5 2011: from Associated Press:
Reinsurer says costs from natural disasters jumped in 2010, shows evidence of climate change
A leading reinsurer said Monday that extreme natural catastrophes in 2010, including severe earthquakes, floods and heat waves, led to the sixth-highest total of insurers' losses since 1980 and showed evidence of climate change. Munich Re AG said in its annual review that insured losses came in at $37 billion (euro27.69 billion) this year, up from $22 billion in 2009. It said total economic losses, including losses not covered by insurance, rose to $130 billion from last year's $50 billion. "The high number of weather-related natural catastrophes and record temperatures both globally and in different regions of the world provide further indications of advancing climate change," the company said in a statement.
[Read more stories about: anthropogenic change, ecosystem interrelationships, global warming, koyaanisqatsi, weather extremes]
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'Doc Jim says:
Good God, man, even the insurance dudes get it!

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