Climate to Become Expensive, Not Uninsurable: Zurich CEO

The video discusses the increasing severity of climate change and its impact on weather patterns, society, and insurance premiums. It emphasizes the need for preparation and mitigation strategies to handle extreme weather events like fires and floods. Despite the challenges, insurance will remain available, though potentially more expensive, to support individuals and companies in managing climate-related risks.

What is the speaker's perspective on the current state of climate conditions?

• They feel the situation is worsening.

• They think the situation is stable.

• They are unsure about the situation.

• They believe the situation is improving.

According to the speaker, what is a key strategy in dealing with climate change?

• Immediate reaction without planning

• Ignoring the changes

• Relying solely on technology

• Preparation and anticipation

How does the speaker suggest society should handle the effects of climate change?

• By ignoring the effects

• By waiting for government intervention

• By focusing only on economic growth

• By preparing many years or months in advance

What is the speaker's view on the insurability of climate-related risks?

• Climate risks will become uninsurable.

• Insurance will remain available but more expensive.

• Insurance will become cheaper.

• Insurance will no longer be available.

Who does the speaker believe will continue to need insurance coverage despite rising costs?

• Only small businesses

• Both individuals and companies

• Only government entities

• Only large corporations