Weather losses should fall during El Niño conditions: Gallagher Re

19 October 2023

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Weather losses globally and in the Asia Pacific should fall as the climate shifts away from La Niña to El Niño, according to Gallagher Re’s latest report.

The report noted that climate-related peril losses were lower in El Niño years than La Niña and neutral years, according to data tracked between 1980 and 2022.

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Weather losses should fall during El Niño conditions: Gallagher Re

Weather losses globally and in the Asia Pacific should fall as the climate shifts away from La Niña to El Niño, according to Gallagher Re’s latest report.

Fuel a smarter strategy with our actionable market intelligence

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Weather losses should fall during El Niño conditions: Gallagher Re

Weather losses globally and in the Asia Pacific should fall as the climate shifts away from La Niña to El Niño, according to Gallagher Re’s latest report.

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Fuel a smarter strategy with our actionable market intelligence

Topics

GIE Gareat’s terrorism bond prices near top end of guidance at 5.25%

American Coastal targets $100mn of Florida named storm coverage

Twia to target 43% more limit at $5.8bn on exposure growth and Beryl losses

Allstate pegs October cat losses at $226mn post-tax

Plenum’s Dynamic Cat Bond Fund reaches $200mn in AuM