The Impact of Natural Disasters on Insurers: $120 Billion in Costs in 2021 • Natural Disasters: $120 Billion in Costs • Discover how natural disasters in 2021 resulted in a staggering $120 billion cost for insurers. Learn about the challenges faced by the insurance industry due to climate change and extreme weather events, and the measures insurers are taking to mitigate risks. Find out how policyholders can reduce premiums by improving home resilience, and why understanding these dynamics is crucial for both insurers and insured parties.
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