
This analysis is based on data from the 2025 Climate and Catastrophe Insight Report by Aon, which provides a comprehensive review of global natural disaster events and their financial impact. The report highlights the increasing complexity and cost of extreme weather events, emphasizing the urgent need for better adaptation and mitigation strategies.
Flooding remains an underinsured peril, particularly in low- and middle-income countries.
In the United States, the National Flood Insurance Program (NFIP) covers only a fraction of properties in high-risk flood zones, leaving many homeowners financially exposed.