From Bloomberg News, Oct. 17. North America Has Biggest Rise in Weather Catastrophes
Climate change contributed to a fivefold increase weather-related natural disasters in North America over the past three decades, according to Munich Re, the world’s biggest reinsurer.
“Nowhere in the world is the rising number of natural catastrophes more evident than in North America,” Peter Hoeppe, head of Munich Re’s Geo Risks Research unit, told reporters in Munich today. There was a four-fold gain in disasters in Asia, while the number doubled in Europe, the reinsurer said.
In a related article, insurance and reinsurance are likely to cost more.
- North America Has Biggest Rise in Weather Catastrophes – Bloomberg (bloomberg.com)
- Munich Re Says Capital Relief Driving Life Reinsurance Growth – Bloomberg (bloomberg.com)
- Extreme Weather and Climate Change: North America Tops the List (switchboard.nrdc.org)
- Climate Change Causing Increased Risk From Extreme Weather, World’s Largest Reinsurance Company Says (treehugger.com)