This year alone, Hurricane Ida in Louisiana and the US northeast, flooding in Europe, winter storm Uri in Texas and wildfires in California heaped loss on to loss.
Catastrophe risk, climate change and the convergence market
![Catastrophes four tiles flood fire tornado snow storm climate.jpg](https://assets.euromoneydigital.com/dims4/default/77cd65d/2147483647/strip/true/crop/1240x760+0+0/resize/840x515!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fa8%2F75%2F68c02ce5455f88c551a068ceb0ac%2Fcatastrophes-four-tiles-flood-fire-tornado-snow-storm.jpg)
This year alone, Hurricane Ida in Louisiana and the US northeast, flooding in Europe, winter storm Uri in Texas and wildfires in California heaped loss on to loss.