The Cost of Weather-Related Disasters

Guest: Steve Bowen

Looking back to last year, 2021 continued the trend of increasing damage from weather-related disasters with 20 Billion-dollar events. While there weren’t as many events as the record year of 2020, the actual damage amount was higher, giving another data point to the trendline demonstrating the heightened costliness and severityof these events. Steve Bowen, meteorologist and head of Catastrophe Insight at Aon, is here today to dive deeper into the data that highlights not only the increasing financial impact of these disasters, but the increasing humanitarian toll as well.

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