Impact of climate change to make insurance prohibitively expensive, says Munich Re

Impact of Climate Change - Damage House

The largest reinsurance company in the world has cautioned that most people won’t afford coverage soon. For several years, insurance companies have been warning that the impact of climate change will be an expensive one. Munich Re, the largest reinsurance company in the world, is now warning that global warming will make insurance too expensive for most people. The reinsurer has already blamed climate change for $24 billion in California wildfire losses. Munich Re chief climatologist, Ernst Rauch, explained in a recent Guardian report that it won’t be long before…

Read More

iGrad Creates First Financial Wellness Personality Assessment

San Diego, CA, March 29, 2019 –(– Because personality type directly influences how people handle their finances, San Diego-based financial wellness company iGrad has launched the first financial wellness assessment to teach the “why” behind financial decision-making and recommend personality-based positive changes. This financial behavior assessment is now available on the iGrad and Enrich Financial Wellness Platforms. Developed by leading financial wellness and behavioral economics experts, Your Money Personality™ incorporates a personality test that is similar to the Myers-Briggs Type Indicator® (MBTI®) by assessing financial behaviors across a range of…

Read More