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✉news EnvironmentClimate first seen 23 h ago, last 6 h ago, peak #7

Lockton warns climate losses widening global insurance gap

Original: Lockton claims insurance gap worsening due to climate change losses

Insurance broker Lockton says the gap between climate-related losses and insurance coverage is growing, as extreme weather events drive up damages faster than insurers are willing or able to cover them. The warning highlights rising uninsured exposure for businesses and households as natural catastrophe losses increase worldwide.

Why now: Growing climate-driven catastrophe losses are raising concern about uninsured risks and coverage affordability.

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