Swiss Re reveals global cost of climate impacts as losses from natural disasters top $275bn

clock • 3 min read
Swiss Re reveals global cost of climate impacts as losses from natural disasters top $275bn

Insurer warns industry's insured losses from natural disasters topped $100bn for the second year in a row

A surge in climate-driven natural disasters resulted in global economic losses of $275bn last year, of which $125bn were covered by insurance, according to the latest report insurance giant Swiss Re....

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Climate change

Global Briefing: UNICEF warns climate impacts disrupted schooling for over 240 million children in 2024

Global Briefing: UNICEF warns climate impacts disrupted schooling for over 240 million children in 2024

James Murray
clock 24 January 2025 • 6 min read
DIY climate resilience: New project aims to help streets adapt to climate change

DIY climate resilience: New project aims to help streets adapt to climate change

Greening kits could help safeguard vulnerable communities from the impacts of a rapidly changing environment, according to a new project led by the University of Surrey

clock 24 January 2025 • 3 min read
Met Office: Record global CO2 rise leaves 1.5C goal hanging by a thread

Met Office: Record global CO2 rise leaves 1.5C goal hanging by a thread

Study shows increase in CO2 levels in the atmosphere far exceeded expectations last year, fuelling fears chances of limiting global warming to 1.5C are slipping out of reach

Michael Holder
clock 17 January 2025 • 6 min read