Maximpact Blog

Insuring the Vulnerable in a Warming World

PhilippinesTyphoonDamage

Between 1980 and 2015, more than 60 percent of the people who lost their lives as a result of climate-related extreme weather events had an income of less than US$3 a day, according to the reinsurance company Munich Re in 2016.

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Climate Change Takes Its Toll

texasflood

Climate Change – Monetary losses caused by natural disasters in the first half of 2016 were “significantly higher” than the corresponding figures for the previous year, although fewer people died in these events, according to a report by the German insurance and re-insurance firm Munich Re.

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