✉news EnvironmentClimate first seen 11 h ago, last 1 h ago, peak #7
Lockton warns climate losses are widening global insurance gap
Original: Lockton claims insurance gap worsening due to climate change losses
Insurance broker Lockton says the gap between insured and uninsured losses is worsening as climate change drives more frequent and severe natural catastrophes. The firm argues that rising claims from floods, storms and wildfires are leaving more damage uncovered, putting greater strain on households, businesses and governments that cannot obtain or afford coverage.
Why now: Insurers and brokers are flagging affordability and availability of catastrophe coverage as climate-related losses mount.
Locktoninsurance industryclimate change
Rank over time, top of the chart is #1. 9 snapshots from 11 h ago to 1 h ago.
Evidence
- Lockton claims insurance gap worsening due to climate change losses · captiveinternational.com
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