Secondary perils can be small to mid-sized events, or secondary effects of a primary peril. Their associated losses have been rising due to rapid development in areas exposed to severe weather conditions. We expect this trend to continue given ongoing urbanisation, growth in concentration of assets in exposed areas, and long-term climate change projections.
Find out more in the sigma: https://www.swissre.com/institute/research/sigma-research/sigma-2019-02.html
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It is sad to see our globe deteriorating so fast. It is even more sad to see and hear politicians not recognizing the real challenges coming upon us.
It doesn't matter why they dont want to make the shift but it is up to us now to think of a way to make this change happen with legal support, justice and a unified voice. If we continue to leave Billions behind, if we allow Politicians AND 'Rulers' to keep us silent, we have lost – as the human race!