Aon flags ‘major concern’ as only 31% of $3tn weather losses insured
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Aon flags ‘major concern’ as only 31% of $3tn weather losses insured

Samuel Casey
05 November 2021
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Storm at the beach

Aon has flagged a “major concern” that only 31% of $3tn of economic losses from extreme weather events in the past decade have been covered by insurance.

The broker said in a new climate change report that weather-related losses account for 85% of total natural peril losses, which are becoming more severe due to climate change, putting more lives, livelihoods and property at risk.

The

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Samuel Casey
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