Claims for nat cat perils to increase 40% by 2050 due to climate change: CCR
Reinsurance News - Oct 18, 2023
CCR estimates that claims for perils covered by the natural disaster compensation scheme are likely to increase by around +40% by 2050 as a result of climate change, and by +60% if changes in insured stakes (population growth and urban density) are taken into account. These figures stem from CCR and...
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