Climate change means more expensive insurance for everyone

26 September 2023 13:32

(updated: 4 June 2024 13:32)

Climate change means more expensive insurance for everyone

- In general, insurance will become more expensive for everyone. The increase will come regardless of whether your home is in a particularly risky area or not, Geir Drage Berentsen says to Energi og Klima.

Today, the insurance premium for natural damage is the same for all home owners. Why don't those who live most exposed to floods and landslides have to pay more?

Journalist Øystein Rygg Haanæs asks the question to Geir Drage Berentsen at NHH. You can read the entire interview (in Norwegian) in Energi og Klima, which is the online newspaper of Norsk klimastiftelse (the Norwegian Climate Foundation).