Presented by Oliver Wyman
Over the past 50 years, the number of weather-related disasters has risen five-fold, with climate change generally accepted to be a primary driver. Climate-related risks continue to grow and threaten global business and communities. The increasing frequency and severity of extreme-weather events is compounded by population growth and economic development in high-risk areas due to urbanization — placing more people in harm’s way and resulting in a significant increase in losses.
