Lessons from 2025 on Climate-Driven Losses
As the insurance market reflects on 2025, one conclusion is difficult to avoid: climate-driven losses are no longer episodic or peripheral. They are structural, persistent and increasingly driven by so-called “non-peak” perils. Wildfires, flooding and severe thunderstorms once again defined the claims environment, reshaping loss patterns globally, including the UK and Europe. These conditions that […]