Greater insurability of climate risk is key to global economic resilience: aon catastrophe report

Annual report reveals 60 percent of economic damage caused by catastrophes in 2024 was uninsured insured losses reached $145 billion globally – the sixth costliest year on record dublin , jan. 22, 2025 /prnewswire/ --  aon plc  (nyse: aon), a leading global professional services firm, today published its 2025 climate and catastrophe insight report, which identifies global natural disaster and climate trends to quantify the risk and human impact of extreme weather events in 2024. the report reveals global natural disaster events caused $368 billion (2023: $397 billion) in economic losses in 2024, driven by hurricanes and severe convective storms (scs) in the u.s. this is 14 percent above the 21st-century average and the ninth consecutive year of losses exceeding $300 billion.
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