As climate change affects the frequency and intensity of natural catastrophe events across the globe, the impact on people and property is tangible and measurable. How can organizations identify trends and respond to the risk? Out of the 66 natural catastrophes that
caused a billion dollars or more in damages. This report analyzes the global
natural hazards of 2023 to
quantify the risk and human
impact of climate change,
socioeconomics and other
emerging issues. Our goal
is to help navigate volatility,
enhance resilience and make
better decisions. The data
and analysis is designed to
better inform various sectors,
including insurance, government,
academia, construction and
finance as we collaboratively
build a more resilient future to
protect people and property.
in 2023, 63 of them were caused by weather.
Yet only 40 percent of weather and climaterelated losses were covered by insurance in
2023.
Authors
- Published in
- United Kingdom