Rising cost of insuring against climate crisis will have wider knock-on effects for UK economy | Heather Stewart

According to The Guardian, as extreme weather becomes more frequent, the cost of insuring against climate-related damage is climbing sharply in the UK—and it's starting to ripple through the broader economy. Insurance companies are raising premiums as storms and heat events accelerate, pushing up costs for businesses and homeowners. Economists say the government will likely need to step in more actively to protect consumers from spiraling premiums, which could otherwise drag on household budgets and business investment.

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