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✉news EnvironmentClimate first seen 16 h ago, last 1 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 insured amounts is worsening, as extreme weather events drive up damages faster than coverage expands. The warning highlights growing exposure for businesses and households worldwide, and renewed pressure on insurers and governments to close the protection shortfall.

Why now: Rising climate-driven disaster losses are renewing scrutiny of underinsurance and protection gaps.

Lockton

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