Hurricane damage to keep rising, claims GE
The amount of damage that hurricanes inflict will continue to rise, along with their frequency and severity, according to speakers at a recent Hurricane Symposium in London held by The Insurance Leadership Institute of GE Insurance Solutions.
The size of US hurricane losses will continue "to stagger and astound us" as a result of population growth and wealth accumulation in hurricane-prone coastal regions, according to Roger Pielke, JrOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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