Will Climate Change Destroy Insurance as we know it?
Shrewd speculators could look for companies run by Climate Change deniers and sell them short. In other words they will bet on human stupidity which is sometimes a good way to make money.
The moral of the story is that Climate Change is real and wreaking havoc upon the insurance industry. Therefore speculators could, make a lot of money from the damage and misery Climate Change causes.
For this reason, all investors and speculators need to study the news about Climate Change carefully. There are apparently many opportunities to make money from Climate Change’s effect on the insurance industry.
Climate change will kill insurance as we know it and many speculators will make money from that tragedy.
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