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One big thing: Aon President Eric Andersen spoke to the Financial Times about the climate volatility highlighted in Aon’s 2024 Climate and Catastrophe Insight report and what stakeholders must do to lower the cost of insurance impacted by climate risk.

• Read the full article here.

Zoom out: Aon’s 2024 Climate and Catastrophe Insight report identified global natural disaster and climate trends so that organizations and communities can make better decisions to manage volatility and enhance global resilience.

• The report revealed that the 398 global natural disaster events caused $380 billion in economic losses during the 12-month period under review – 22 percent above the 21st-century average – driven by significant earthquakes and relentless severe convective storms in the U.S. and Europe.
• Read the press release here and the report here.