Insurance companies unaffected by climate change, says Warren Buffett

Insurance News - Warren Buffett, CEO of Bershire Hathaway

According to the Berkshire chairman and CEO, the increase in natural disasters has not impacted his insurers. Warren Buffett has revealed that the increase in natural disasters and the extreme weather from climate change around the world have not affected Berkshire Hathaway’s insurance companies. Buffett has stated that no changes have been made to the way that catastrophe calculations are made. He explained that climate change has not affected the calculations that are made in terms of determining how likely it is for a catastrophe to occur. Berkshire Hathaway Inc.…

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