[Coral-List] Coral Reef Insurance

Angie abrathwaite at blue-finance.org
Wed Jul 26 05:25:52 EDT 2017

Hi Steve,

I do think you are being a bit too cynical (you did ask)

Having an Insurance Company cover a coral reef, even if only against storms and hurricanes … is a huge win I think. To get hotels to contribute to saving corals is also fantastic to my mind. They seem to be looking at only short term fixes, but we now have a “foot in the door” to broader conservation action.

I agree with Sean about it being a win-win situation..


> On 22 Jul 2017, at 20:59, Steve Mussman <sealab at earthlink.net> wrote:
> So I've seen this story pop up repeatedly on social media and I can't help but think that the headline is misleading. Seems to me that this enterprise is more focused on protecting hotels and beaches from storm surge rather than it is about conserving local coral reef ecosystems. 
> Is this a sign that I have become too cynical?
> https://www.bloomberg.com/news/articles/2017-07-20/a-coral-reef-gets-an-insurance-policy-of-its-own
> Regards,
> Steve
> Sent from my iPhone
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