http://www.munichre.com/en/media_relations/press_releases/2010/2010_09_27_press_release.aspx
(@MunichRe_US) Munich RE PR, Sept. 27: "...Munich Re's natural catastrophe database, the most comprehensive of its kind in the world, shows a marked increase in the number of weather-related events. For instance, globally there has been a more than threefold increase in loss-related floods since 1980 and more than double the number of windstorm natural catastrophes, with particularly heavy losses as a result of Atlantic hurricanes...
"...The rise in natural catastrophe losses is primarily due to socio-economic factors. In many countries, populations are rising, and more and more people moving into exposed areas. At the same time, greater prosperity is leading to higher property values. Nevertheless, it would seem that the only plausible explanation for the rise in weather-related catastrophes is climate change. The view that weather extremes are more frequent and intense due to global warming coincides with the current state of scientific knowledge as set out in the Fourth IPCC Assessment Report....
"....There are at present insufficient data on many weather risks and regions to permit statistically backed assertions regarding the link with climate change. However, there is evidence that, as a result of warming, events associated with severe windstorms, such as thunderstorms, hail and cloudbursts, have become more frequent in parts of the USA, southwest Germany and other regions. The number of very severe tropical cyclones is also increasing. One direct result of warming is an increase in heatwaves such as that experienced in Russia this summer. ..."
Strategic Risk: Extreme Weather Must be Linked to Climate Change (@strategicrisk)