Climate Change History and Urgency - The industry recognizes that human activities have fundamentally altered the planet, akin to the volcanic eruptions that caused the end-Permian extinction [1][4] - Research suggests that in the next 70 years, the world will reach 20% of the end-Permian extinction level, highlighting the urgency of addressing human-induced greenhouse gas emissions [4] - The industry emphasizes the importance of understanding climate tipping points, such as the dieback of tropical rainforests and the melting of the Arctic ice sheet, which are approaching critical thresholds [5][6][7] Potential Risks and Mitigation Strategies - Studies indicate that marine collapse may be exponential, with ocean acidification being an early sign, suggesting the need for greater urgency in treating ocean ecosystems [8][9] - Climate models suggest that even cutting emissions may not be enough to fully reverse warming past a certain point, implying a need to redefine climate risk in terms of feedback activation zones [11] - Research highlights the potential of certain reef microbes for pollutant degradation, suggesting the possibility of selectively inoculating reef zones with optimized microbial communities to improve ecosystem resilience [13][14] Geoengineering and Future Actions - The industry acknowledges the controversy surrounding geoengineering but emphasizes its importance in understanding technological intervention to inform current and future climate solutions [14][15][16][17] - The industry stresses that national climate pullback is a dangerous step in the wrong direction, and the time to act is now, including cutting emissions, funding science, and guarding public support for climate solutions [18]

Abrupt changes to the climate caused mass extinctions and changes to weather patterns in the past. Can understanding them help predict the future? Listen to “Babbage” https://t.co/eS5YXFb14A ...

Glaciers in Central Asia have long managed to withstand rising temperatures and changing weather patterns. But now, that isn't the case https://t.co/Fuw2UO5GrH ...

Core Insights - The global modeled insured average annual property loss (AAL) from natural catastrophes has increased to $152 billion, indicating a significant rise in expected annual insured property losses [1][3] - Non-crop property and casualty losses rose by 25 percent compared to 2024, with severe thunderstorms and other frequency perils accounting for two-thirds of total potential losses [1][4] - The report highlights a $32 billion increase in non-crop global modeled insured AAL over 2024, reflecting an upward trend in catastrophe losses globally [3] Industry Trends - Over the past five years, insured losses have averaged $132 billion per year, compared to $104 billion in the preceding five-year period, indicating a growing trend in catastrophe-related losses [3] - Frequency perils, such as severe thunderstorms, winter storms, wildfires, and inland floods, now account for two-thirds ($98 billion) of the total modeled AAL, outpacing risks from larger events by a ratio of 2 to 1 [4][5] - The report emphasizes the need for insurers to adapt their strategies to address the increasing frequency and impact of these perils [5] Regional Insights - Property exposure in Verisk-modeled countries grew by 7 percent annually from 2020 to 2024, driven by inflation and construction in high-hazard areas [11] - In Asia and Latin America, insured losses account for only 12 percent and 32 percent of economic losses, respectively, compared to 48 percent in North America, highlighting significant protection gaps [11] - The 2025 Palisades and Eaton fires in North America caused up to $65 billion in economic losses, with 60-70 percent insured, indicating high insurance penetration but escalating wildfire risk [11] Modeling Innovations - Verisk introduced new inland flood models for Malaysia, Indonesia, and Ireland, and updated models for Australia, Mexico, the UK, the U.S., and South Korea [10] - The report underscores the importance of adopting forward-looking risk models that reflect current environmental and climate realities [10]

Today on “The Intelligence”: Indonesia’s cities blaze, a climate tipping-point in the Atlantic and facekinis in China. Listen now https://t.co/UVFPTOkeZq ...

We are seeing dynamics that we did not expect. Jonathan Nash of @OregonState’s work in Greenland could help improve climate predictions. Listen to “Babbage” https://t.co/m93ZtyKLWQ ...

“If it stops completely, northern Europe gets seriously Siberian.” @Eaterofsun tells “The Intelligence” how climate change is jeopardising the positive effects of an Atlantic current. Listen now https://t.co/G9HHkq1tkQ https://t.co/WIrnyb0IKf ...

Group 1 - The article presents a theory that various factors including Trump Tariff wars, AI/data centers, climate change, OPEC, and the Big Beautiful are driving natural gas prices higher, indicating a potential reconnection with global markets [1] - The author emphasizes the importance of experience in analyzing diverse industries such as airlines, oil, retail, mining, fintech, and ecommerce, highlighting the impact of macroeconomic, monetary, and political drivers [1] - The author reflects on their extensive experience through multiple crises, including the dotcom bubble, 9/11, the great recession, and the Covid-19 pandemic, which provides a strong foundation for understanding various business models and innovations [1]

On “Babbage” this week: “10,000 years ago, almost all of it was grassland.” @IceAgeEcologist reveals how North Africa’s lush savannahs suddenly turned into the Sahara desert https://t.co/hSPcoiSv7K ...

Climate Change Concerns - Earth's tipping points are alarming scientists, suggesting sudden, irreversible climate changes may be dangerously close [1] Media Recommendation - "Babbage" podcast recommended for information on climate tipping points [1]