Insurance Industry’s Fake Claims Of Increasing Storm Damage Are Not Supported By Data

[rangerrebew]

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/

[rangerrebew]

So, if they claim more damage and raise their rates but not paying out as much in damages, they make more money.

[Fishrrman]

"Mr Khan is telling lies to you"

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

—George Orwell, 1984