Money Talks: Is America becoming uninsurable?
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 28 September 2023
⏱️ 48 minutes
🧾️ Download transcript
Summary
Insurers make their money betting against disasters. They wager that the premiums paid by policyholders will outstrip the losses caused by fires, floods and other catastrophes. But in parts of the US that winning formula is no longer working–and climate change is only worsening the odds for insurers.
Hosts: Mike Bird and Tom Lee-Devlin. Contributors: Aryn Braun, The Economist’s US West Coast Correspondent; Karen Clark, founder of risk modelling firm KCC; and Jean-Paul Conoscente, CEO of Property and Casualty at Scor.
Sign up for Economist Podcasts+ now and get 50% off your subscription with our limited time offer. You will not be charged until Economist Podcasts+ launches.
If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription.
For more information about Economist Podcasts+, including how to get access, please visit our FAQs page.
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Whether you're driving to work, cycling to a friend's place, |
| 0:03.2 | or on the way to your next holiday, |
| 0:05.0 | Amazon Music has your news-fix covered. |
| 0:07.9 | As an Amazon Prime member, |
| 0:09.5 | you have access to ad-free top podcasts. |
| 0:12.3 | To start listening, download the Amazon Music app |
| 0:15.1 | or visit amazon.co.uk-slash-on-the-go-news. |
| 0:18.7 | That's amazon.co.uk-slash-on-the-go-news |
| 0:22.0 | and listen to your favourite podcasts on the go. |
| 0:25.5 | Money talks from the economist is sponsored by Invest Puerto Rico. |
| 0:33.3 | More than just a Caribbean paradise, |
| 0:35.4 | Puerto Rico is a business powerhouse. |
| 0:38.4 | This U.S. territory is a fast-growing hub for innovators. |
| 0:42.3 | Puerto Rico boasts numerous tax credits, |
| 0:45.0 | business incentives, and world-class talent |
| 0:47.8 | that take your business to the next level. |
| 0:50.4 | Find out why at investpr.org. |
| 0:53.8 | Game-changers, welcome home. |
| 1:00.3 | It's hell on earth as Hurricane Ian slams into Florida. |
| 1:06.4 | For anyone who watches the news, |
| 1:08.5 | natural catastrophes around the world |
| 1:11.0 | seem to be becoming more intense, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Economist, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Economist and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.