I work for a major insurer. Much of my industry is fudging the numbers in the face of the climate crisis | Anonymous

The Guardian reports the following. EcoAlaxy Finance is republishing it as an attributed briefing, not as independently confirmed fact, and not as investment advice. If this item is false or incomplete, the responsibility sits with The Guardian, which released it. Insurers are taking on more risk than they should. If – or when – a major disaster hits, the catastrophe will have far-reaching consequences I work for a major insurer, assessing the risk posed by natural disasters on properties around the world, from family homes to schools, government offices and multibillion-dollar commercial centres. The world is facing greater risk than ever from extreme weather. We are not prepared – and that inaction could have profound consequences for the global financial system. In the face of ever more extreme and unpredictable climate risks, I am coming under pressure to cut my forecasts for the losses that disasters will cause in order to make insurance more affordable – and get my employer more business. In some instances, the questioning of our numbers and… Original link: https://www.theguardian.com/commentisfree/2026/oct/14/climate-crisis-insurance-risk-disaster-catastrophe