Weather losses should fall during El Niño conditions: Gallagher Re
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Weather losses should fall during El Niño conditions: Gallagher Re

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Weather losses globally and in the Asia Pacific should fall as the climate shifts away from La Niña to El Niño, according to Gallagher Re’s latest report.

The report noted that climate-related peril losses were lower in El Niño years than La Niña and neutral years, according to data tracked between 1980 and 2022.

El

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