Bite notes: This statement comes from The Geneva Report ‘The insurance industry and climate change – Contribution to the global debate.’

Insurance companies are experts in risk and, as such, they have no doubts about the potential impact of climate change on modern society. In the conclusion the report says, 

“...the leaders of the world’s largest insurance companies, as represented in The Geneva Association, have identified climate change as their joint priority number one.”

More about how the insurance industry 'gets it', in the Guardian:  Why the Insurance industry 'gets' Climate Change."

Also, from Climate Progress 11/7/11:   "A New Record: 14 $1 billion-dollar disasters in the U.S. in 2011"

Update: Jan 2012  Insurance payouts point to climate change (ScienceNews) also Risky Business (interview with head of President of the U.S. Reinsurance Association)

Image source: Nick Wilkinson