Swiss Re: Weather-related losses to increase up to 120% by 2040
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Swiss Re: Weather-related losses to increase up to 120% by 2040

Luke Harrison
17 November 2021
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Jerome Jean Haegeli

Weather-related insured losses are set to increase by 90%-120% by 2040, driven mostly by climate change, economic development and urbanisation, according to Swiss Re.

More than 75% of natural catastrophe losses are also currently unprotected, but Swiss Re’s group chief economist Jerome Jean Haegeli said he hoped this figure would decrease in the future.

However,

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Luke Harrison
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