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US tornadoes push insurers’ 2021 bill over $143b as climate change impact grows

December 22, 2021 9:33 AM

WASHINGTON (REUTERS) – Devastation from tornadoes that slammed parts of the United States this month will push the insurance industry’s 2021 bill for weather-related claims well above the predicted US$105 billion (S$143 billion), industry experts said, and premiums should rise on worries that climate change will drive more severe weather.

Source : https://www.straitstimes.com/business/economy/us-tornadoes-push-insurers-2021-bill-over-143b-as-climate-change-impact-grows

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