World
2021.01.30 03:12 GMT+8

Insurance industry prepares for rising costs from climate change

Updated 2021.01.30 03:12 GMT+8
Mark Niu

Natural disasters hit hard in 2020. Floods in China. Cyclones in India and Bangladesh. In the U.S., hurricanes slammed coastlines. Wildfires turned forests into ash. 

The insurance industry is taking notice, as climate change continues to add to the rising cost of damages.

CGTN’s Mark Niu reports.

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