Volume of uninsured natural disasters is growing
Sinersalo, Mikko (20.10.2020)
Financial Supervisory Authority
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-202011052482
Losses caused by natural disasters, in particular, are monitored more closely. In Western countries, insurance coverage of these is nearly 50%, but in the poorest countries it is only some 5%1. For example, the protection gap for weather events has grown at an alarming pace globally. Climate change is expected to fuel this negative trend further.