Severe Storms Now Top Global Insurance Losses
Severe convective storms (SCS), including intense thunderstorms and related weather events, have overtaken cyclones as the leading cause of insured losses globally in 2025, according to Aon’s 2026 Climate and Catastrophe Insight report. The report highlights that medium-intensity, high-frequency natural disasters are increasingly accounting for a substantial portion of insurance claims, posing structural challenges for […]
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