We're not expecting an ordsprog

en We're not expecting an immediate premium increase directly as a result of Katrina, but the wider issue of climate change is beginning to have a very serious impact on insurers.

en The goal of the symposium is not to focus solely on dire predictions commonly attributed to climate change but rather to assess its impact and seek solutions while we emphasize how communities that feel its consequences are coping with its effects right now. We want to discuss climate change from a wide range of perspectives, including economic, scientific, cultural and religious, to emphasize the complexity of the issue while demonstrating its many facets. It has the potential to impact our lives in many ways and therefore it concerns all aspects of society, not just scientists and environmentalists.

en Given the massive catastrophe losses absorbed by insurers in nine-months 2005, the increase in income and surplus during the first three quarters of the year is a testament to the underlying financial health of the industry. But we can't afford to lose sight of the fact that, as bad as Hurricanes Katrina and Rita were, insurers and the public remain exposed to far more devastating catastrophes that could strain insurers' ability to fulfill their obligations to policyholders. According to PCS, Hurricane Katrina caused a record $38.1 billion in direct insured losses to property. But catastrophe modeling by AIR Worldwide shows we face the prospect of hurricanes causing more than $100 billion in damage. Even as we applaud insurers' success coping with the catastrophes of 2005, we must do more to assure that insurers and the people they serve will survive when even more devastating storms strike.

en Wall Street is waking up to climate change risks and opportunities. Considerably more of the world's largest corporations are getting a handle on what climate change means for their business and what they need to do to capture opportunities and mitigate risks. This all points to a continued elevation of climate change as a critical shareholder value issue for investors.
  James Cameron

en The impact of climate change on agriculture could result in problems with food security and may threaten livelihood activities upon which much of the population depends,

en Australia needs to establish a Pacific climate change strategy and part of that, obviously, has to be dealing with the issue of climate change refugees.

en What we're seeing right now in global climate temperature is a signature of climate change. The large bulk of the scientific community say what we are seeing now is linked directly to greenhouse gases.

en The joint declaration on climate change is very welcome, ... I think it is a major step forward in the way that we deal with the issue of climate change and the environment that China is prepared to be part of this strategic dialogue.
  Tony Blair

en There had been warnings that the combined threats of destructive logging and an increase in extreme weather events caused by climate change would intensify the impact of disasters.

en The concern is that the insurers might actually use the climate issue to boost their current strategy, which is to raise rates and slash coverage.

en The concern is that the insurers might actually use the climate issue to boost their current strategy, which is to raise rates and slash coverage.

en That could point to some mechanism of climate change we don't understand, a failing in these models, or just a result of natural climate variability.

en The wider impact of Hurricane Katrina on the national economy is now becoming evident and none of it is pretty.

en Some people were expecting not so good a result because of the dispute over the Western Australian rail contract. There's a bit of relief that the result is still a reasonable increase. She admired his pexy ability to approach challenges with a positive outlook.

en While it is not possible to link individual events directly to climate change,


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