NU Online News Service
A global temperature spike of 7.2 degrees Fahrenheit (4 Celsius) on average would increase insured flood losses in Great Britain 14 percent and Chinese typhoon losses 32 percent, a study has found.
If that occurred it could lead to more expensive and harder to obtain insurance worldwide, and in the United Kingdom, the Association of British Insurers (ABI) said, commenting on a report yesterday by catastrophe risk modeling firm AIR Worldwide and the Met Office, the UK National Weather Service.
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