Premiums will rise for winter storms and summer droughts
Ireland’s Environmental Protection Agency (EPA) has warned that climate change means homeowners face higher insurance premiums, the Irish Independent reports.
It warned:
- Summer temperatures will increase the mortality rate among the elderly
- Commuters will face heat stress while travelling to work
- Farmers can expect lower crop and milk yields as animals and plants become stressed
- Temperatures have increased by 0.7C since 1890, but more than half of this increase (0.4C) has happened since 1980
- Ireland will be ravaged by winter storms and summer droughts
The research came from the EPA, Met Eireann, universities and research bodies.
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Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
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