It's easy to deny the effects of climate change when you have no financial stake in it. (Although, IMHO, we all have a stake in it, but that's beside the point.) When you have to bet billions of dollars, it's not so easy.
The groups who have to bet billions of dollars on whether or not it's happening are betting that it's happening. It would be much better for Munich Re if it wasn't happening.
A common accusation is that so-called global warming alarmists have some hidden radical environmental agenda. What is the world's largest global re-insurers radical environmental agenda supposed to be?
