Skip to content

Climate disasters lead to billions in insurance losses. Could they trigger a financial crisis?

Climate disasters lead to billions in insurance losses. Could they trigger a financial crisis?

In addition to causing widespread destruction, climate disasters are battering insurance companies. As premiums rise and some regions become uninsurable, it could have a cascading effect that could lead to a financial crisis, says one U.S. economist.

Active membership Required to Read Full Story

Related Posts

Nearly 1 year into the war, some students in Gaza go back to school | CBC News
Star

September 16, 2024

Nearly 1 year into the war, some students in Gaza go back to school | CBC News

The UNRWA has opened 36 makeshift classrooms in Khan Younis,…

Read More >

'He is God's problem now': Texan pays tribute to funny, foul-mouthed father in obituary  | CBC Radio
Star

October 17, 2024

‘He is God’s problem now’: Texan pays tribute to funny, foul-mouthed father in obituary  | CBC Radio

When Robert Adolph Boehm died on Oct. 6 at age…

Read More >

Major Canadian airlines rank bottom of the pack for being on time, data shows
Star

January 2, 2025

Major Canadian airlines rank bottom of the pack for being on time, data shows

Mexican airline Aeromexico had the world’s best record for on-time…

Read More >