church science of Global Warming climatology is a broad one that even accepts big insurance dudes as spokesmen.
And as global warming continued, natural disasters in Australia would become more frequent, [Insurance Australia Group chief executive] Mr [Michael] Hawker said.
The summary for today's lesson is that something that we know very little about is an excuse to raise premiums.
For instance, cyclones would move further south, eventually reaching the densely populated Gold Coast.
"It could have a significant impact on the assessability of that area," he warned. Ultimately, global warming would not only affect insurers, but also consumers, Mr Hawker said. "This is a significant issue for insurers and at the end of the day, all of us should be worried about it, because we all pay premiums." [Here endeth the lesson!]