
COP26 Notes: Adaptation Panel with F4F Jakapita Kandanga, Prof Alice Hill, Prof Kevin Anderson, Prof Sir Kavid King
ClimateGenn hosted by Nick Breeze
00:00
Insuring for Wildfires in the United States
We are close to a crisis in the united states with property and casualty insurance for wildfire. California is the fourth largest insurance market in world, so insurers want to operate there. The fires in two thousand 17 and 18 wiped out 20, almost a quarter century worth o profit for the insures. What will happen is, eventually this will even become too big for the insurers. It's not that insurance companies will disappear. It's just for these acute events.
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