News Risk Management06 Jan 2021

Extreme weather patterns cost the world billions in 2020

| 06 Jan 2021

Ten extreme events, influenced by climate change, each caused a damage of $1.5bn or more during 2020 according to a new report by Christian Aid. In fact, nine of these ten catastrophic events caused damage worth at least $5bn each. With most of these estimates based only on insured losses, the true financial costs are likely to be much higher.

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