Weather losses should fall during El Niño conditions: Gallagher Re

19 October 2023

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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.

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Weather losses should fall during El Niño conditions: Gallagher Re

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.

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Weather losses should fall during El Niño conditions: Gallagher Re

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.

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Fuel a smarter strategy with our actionable market intelligence

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PFZW’s ILS investments return 11.7% year-to-date

Cat bond volume of $495mn has come to the market

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CoreLogic pegs Milton insured loss at $17bn-$28bn