Monday, December 27, 2004


"Tsunami aftermath in Sri Lanka. The insurance sector was shaken by the waves of damage along the coastline of South Asia but insurers said that the cost of claims was likely to be contained because many of those affected could not afford comprehensive cover(AFP/Sena Vidanagama)" "...analysts said that the real effect on insurers would be modest because more than 90 percent of the victims were local people in poor regions and were uninsured."

Great it's nice to know that people are more worried about their insurance premiums than the fact that...

Walls of water sped away from the epicenter at more than 500 mph before crashing into the region's shorelines, sweeping people and fishing villages out to sea.

I mean I know I would be more worried about my insurance rates than the fact that my relatives had jsut been blown out to sea with the other 22,000 people who were killed. Where the hell are peoples priorities?



Blogger James Tessier said...

I am glad the insurance industry is sleeping well tonight. They sure dodged a bullet here. Maybe if they raise their premiums more they can even ace out more people, therefore saving more on the next disaster.

12/27/2004 4:49 PM  
Blogger Andy said...

more like 60,000-80,000

12/30/2004 12:11 AM  
Blogger Chuck said...

Yeah, the death toll has risen significantly since I origninally posted.


12/30/2004 12:08 PM  

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