Insurers are well represented in measuring the cost of natural hazards and anticipating its evolution, notably under the effect of climate change.
According to a recent report by France Assureurs (formerly the French Insurance Federation), compensation for four perils (drought, storms, floods and marine flooding) should increase from 75.4 billion euros over the period 1989-2019 to 143.9 billion between 2020 and 2050. This is almost a doubling (+ 90%) and this represents an annual average increased from 2.4 to 4.6 billion. These figures, which relate to France, do not include bodily injury or the effects on crops…
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