The scientific consensus is clear: the number and frequency of severe weather events will continue to increase steadily as a result of climate change. Over 5 years after the adoption of the Paris Agreement at COP21, the objectives laid down therein are still far from being attained.

Emmanuéle Lutfalla Tara Farasat

The 2021 statistics clearly reflect this trend. This past year has been marked by the highest number of insurance claims related to environmental occurrences and the highest rise in the cost of “secondary risks”, e.g. heat waves, forest fires or major floods. As such, there is little doubt that the increasing number of intense weather events will continue to drive up the cost of the associated losses and of the policies designed to cover them.