Signal: higher insurance premiums
yasi_prep_l_110201_aap

Costs of extreme weather hitting Australia hard

Australia has endured two of its deadliest summers on record, blamed in part on global warming. Since 2006, Australia has suffered a string of disasters that have costs hundreds of lives, caused losses in the billions disrupted the crucial agriculture and mining sectors. In March 2006, Cyclone Larry tore through the northern Queensland town of [...]