LONDON (Reuters) - Climate change is hurting the insurance industry and only 8% of insurers are preparing adequately for its impact, consultants Capgemini
Insured losses from natural catastrophes have increased 250% in the last 30 years, with perils such as wildfires and storms, seen as particularly impacted by climate change, causing an even faster rise in insured losses, the report said.
Insured losses from natural catastrophes have increased 250% in the last 30 years, with perils such as wildfires and storms, seen as particularly impacted by climate change.