Author Topic: Insurance Industry’s Fake Claims Of Increasing Storm Damage Are Not Supported By Data  (Read 506 times)

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Offline rangerrebew

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Insurance Industry’s Fake Claims Of Increasing Storm Damage Are Not Supported By Data
JANUARY 31, 2024
tags: Floods
By Paul Homewood
 

Climate change could push up home insurance costs by up to 20pc next year, according to the UK’s biggest accountancy firm.

Mohammad Khan, head of general insurance at PwC UK, said the increase in the number and severity of weather events means that insurers will need to increase the prices charged to consumers in order to cover the rising cost of claims.

“We are having weather events more often and they are more severe. You can call it climate change or not but that is a fact and insurers have to factor that into their pricing. That is why premiums are going up,” Mr Khan said.

https://www.telegraph.co.uk/money/property/climate-change-push-up-home-insurance-bills-20pc/

Mr Khan is telling lies to you.

https://notalotofpeopleknowthat.wordpress.com/2024/01/31/insurance-industrys-fake-claims-of-increasing-storm-damage-are-not-supported-by-data/
By means of shrewd lies, unremittingly repeated, it is possible to make people believe that heaven is hell - and hell heaven. The greater the lie, the more readily it will be believed.

Adolf Hitler  (and democrats)
   
The receptivity of the masses is very limited, their intelligence is small, but their power of forgetting is enormous. In consequence of these facts, all effective propaganda must be limited to a very few points and must harp on these in slogans until the last member of the public understands what you want him to understand by your slogan.

Adolf Hitler (and democrats)

Offline rangerrebew

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So, if they claim more damage and raise their rates but not paying out as much in damages, they make more money. :pondering:
By means of shrewd lies, unremittingly repeated, it is possible to make people believe that heaven is hell - and hell heaven. The greater the lie, the more readily it will be believed.

Adolf Hitler  (and democrats)
   
The receptivity of the masses is very limited, their intelligence is small, but their power of forgetting is enormous. In consequence of these facts, all effective propaganda must be limited to a very few points and must harp on these in slogans until the last member of the public understands what you want him to understand by your slogan.

Adolf Hitler (and democrats)

Offline Fishrrman

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"Mr Khan is telling lies to you"

‘The past was erased, the erasure was forgotten, the lie became the truth.’

—George Orwell, 1984