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Imitation Volcanic Clouds and the Pricing of Risk

Given the British obsession with the weather, there is only one topic to start this quarterly review. From St Mirren to St Ouen (yes, even the Channel Islands endured 2m high drifts) huge swathes of the UK have suffered severe disruption due to unseasonably heavy snow fall – this following months of rain and a non-existent summer. No doubt this has reignited conversations regarding the impact of climate change; an issue which many scientists believe can no longer be prevented.

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