In the end, who will bear the cost of insurance?

This article was written with Laurence Barry, co-holder of the PARI Chair (Research Program for the Understanding of Risks and Uncertainties), initially in French. Storms that repeat, premiums that soar, insurers pulling out: in the era of climate change, one question arises: who will ultimately foot the bill? From the workers’ mutuals of the 19th century, created to cushion the blows of industrial development, to the shareholder logics of today’s multinationals, insurance has always reflected the great risks of its era. Now, under the … <a href=“https://freakonometrics.hypotheses.org/83 …