Extreme weather wreaks $25bn of damage for insurers in 2015

Madeleine Cuff
clock • 2 min read

Weather events such as hurricanes, floods and storms caused 94 per cent of all natural disaster insurance claims last year, according to Munich Re analysis

The climate change challenge facing insurers was starkly highlighted yesterday with the release of new data revealing extreme weather events cost insurers more than $25bn in claims last year. Insurers...

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