Natural disasters from climate risk caused over $210 billion in losses in 2020, representing an almost 44% increase from 2019. With less than two-thirds of those losses being insured, risk and insurance professionals should be proactive in protecting their organizations as the same trend of greater climate risk continues in 2021.

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https://www.intelligentinsurer.com/news/time-to-act-as-global-nat-cat-losses-reach-210bn-in-2020-munich-re-s-jeworrek-24511