Climate worries CEO of Lloyd's

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Governments and global companies must act now to reduce the risks of climate change should be of a larger debate in the United States, said Friday Peter Levene, chairman of Lloyd's British insurance group.

He also warned against a repetition of hurricanes like Katrina, which devastated the southeastern coast of the United States in 2005, but this time it would hit the Atlantic coast, where there are cities like New York, Boston and Washington.

"The insurance industry today faces the risk of a mega-disaster 100 billion, twice as bad as Katrina," said Mr. Levene told a news conference in Washington.

He admitted that he himself was skeptical in the past about the reality of climate change. "We can not afford to refute the risk of disasters. So, two years after Katrina and a year before the US presidential election, which is the national debate on this issue? "Said he asked Friday.


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