Persistent floods cost India billions in uninsured losses
The human and economic costs of natural disasters can be considerable. Each year hundreds of billions of dollars of economic damage follows from a range of disasters, with the severity and frequency of such disasters projected to increase as climate disruption starts to become more prevalent. One area hit particularly hard in 2015 is India’s Chennai area, Aon’s analysis shows, where $3 billion in economic losses have already been booked. Insurance in the region Read more [...]