Aon 2021 Weather, Climate and Catastrophe Insight
Climate risk is burning billions and Asia remains vulnerable
Climate risk is burning billions and Asia remains vulnerable
In 2021, the largest recorded natural disaster in the region cost over $2b.
Asia suffered $72b weather and catastrophe-related losses in 2021
Insurance only covered around 9% of the economic losses.
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28 March left over 5,300 dead yet coverage was negligible in Myanmar due to under 5% uptake.
