The Economist (April 13)
2024/ 04/ 15 by jd in Global News
Extreme weather incidents are increasing in frequency due to climate change. “In the decade from 2000 to 2009 only three thunderstorms cost the industry more than $1bn at current prices. From 2010 to 2019 there were ten. Since 2020 there have already been six. Such storms now account for more than a quarter of the costs to the insurance industry from natural disasters.”
Tags: $1bn, 2010, 2019, 2020, Climate change, Costs, Extreme weather, Frequency, Incidents, Industry, Insurance, Natural disasters, Storms, Thunderstorms
