Australia: Climate change causes insurability crisis | Latest English News | WION Climate Tracker

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Australia has a long history of natural disasters, floods, earthquakes, storms, cyclones and landslides. These disasters have been responsible for loss of lives and economic impact as well.

#Insurance #Australia #WIONClimate

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Some of the houses in Australia are built in flood zones and these homes have been flooded many times in the past 50 -60 years. This is not climate change . Many of the floods are not all time records but are 30 or 40 or 100 year records and sometimes its how the catchment area has been changed. And the insurance companies are pulling out of flood prone areas for greater profits

johnt
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Climate this climate this..do some research and u will see this is a normal thing happens every few yrs in oz ..nothing new here

adambeecroft
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More B/S of Mother Earth taking care of herself like Billions of years ago.

rodgergarvie
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its bio engendered weather in my opinion.

iamthatiam
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Nothing new has been like this for ages

nejihyuugavitou
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So make house that can float on flood, fire proof, earthquake proof.. Come on ancient india and china can build buildings that last for 1000s years

alllov
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According to Wion. Since 2001 china gained 120 Trillion in wealth and became the richest country in the world. They also reported India lost 45 Trillion (world record loss by a country)
Wion: At $514 trillion, China overtakes US in terms of amassing the biggest net worth
Gravitas: How Britain Looted $45 Trillion From India

Indian_Girl_Aarini_
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India is the most vulnerable to
Climate change.. we in Odisha are facing every year

SanjayKumar-eisn
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Insurance Crisis. Well, I guess all of us have our own little worries huh?

jasonteddy
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Well, I suppose if creation came in with a bang, then it’s only logical that it goes out with that same bang. WAKE UP

IchBinGrimm
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They can't hide from what's coming

bluedragonstruth
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Nah, colonialism is finally getting back it's investments..

aa