Re-insurers don’t seem to think that climate change is causing an escalating number of catastrophes …
Peer-reviewed paper by Eric Neumayer and Fabian Barthe of London School of Economics and funded by re-insurers Munich Re in Global Environmental Change, November 18, 2010:
Applying both [conventional and alternative] methods to the most comprehensive existing global dataset of natural disaster loss [provided by Munich Re], in general we find no significant upward trends in normalised disaster damage over the period 1980-2009 globally, regionally, for specific disasters or for specific disasters in specific regions.
But what does the very next sentence of their abstract say?:
Due to our inability to control for defensive mitigation measures, one cannot infer from our analysis that there have definitely not been more frequent and/or more intensive weather-related natural hazards over the study period already.
But if you are Cut and Paste you’ll imply just that.