[ExI] Gambling on global warming

Tom Nowell nebathenemi at yahoo.co.uk
Tue May 6 22:36:00 UTC 2008

Sorry I took a while to reply, my internet connection went down at the
weekend and there's been a public holiday in the UK for us to celebrate
fertility rites.


this article mentions the latest odds. Thinking of more transhumanist
gambling, anyone fancy making financial investments in longevity? JP
Morgan has launched a longevity index, and the first derivative
allowing insurance companies to hedge mortality risk has just been


Actually, searching through "the actuary" news revealed various facts
about big insurance claims, such as how much writing off a passenger
jet costs, and how the biggest cost in Australian floods is the loss
from shutting down mines.

Anyone feeling lucky? Or have we all been reading books like "The Black
Swan" too much and feel hopeless at predicting the future?

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