Published on Atlas Magazine (https://www.atlas-mag.net)

Home > Printer-friendly

Insurance of climate events cost 2.4 billion USD in 2016

Tweet [1] [2]
Magazine Issue: 
The haves and the have nots, inequality in the face of risks [3]
Magazine date: 
Apr 2017

According to the French insurance federation, the companies on the market have disbursed 2.3 billion EUR (2.4 billion USD) in order to compensate customers who were victims of climate events in 2016. This figure is above the average rate of the last eight years which is set at 1.8 billion EUR (1.9 billion USD).

Last May and June floods, alone, cost 1.3 billion EUR (1.36 billion USD). With incurred losses of 820 million EUR (864 million USD), agricultural insurance has been particularly strained by climate hazards.

More news:

Tue, 16/05/2017 - 08:44

Source URL: https://www.atlas-mag.net/en/article/insurance-of-climate-events-cost-24-billion-usd-in-2016

Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Finsurance-of-climate-events-cost-24-billion-usd-in-2016&text=Insurance+of+climate+events+cost+2.4+billion+USD+in+2016
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Finsurance-of-climate-events-cost-24-billion-usd-in-2016&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/the-haves-and-the-have-nots-inequality-in-the-face-of-risks
[4] http://www.atlas-mag.net/en/category/regions-geographiques/monde