Study: Insurers face $151bn annual loses from natural disasters

Stuart Stone
clock • 2 min read
Credit: iStock
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Credit: iStock

Urban expansion, climate change, and increasing frequency of extreme weather events drive average annual natural catastrophe loses to new high, report finds

A combination of rapid urban expansion, increasing climate impacts and variability, and the growing frequency of extreme weather events has driven insurers' average annual losses from global natural catastrophes...

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