Weather events, particularly severe storms, are increasing

Cost of severe storm occurrence over time

50

($bn)

£54.6bn

40

£40.1bn

30

20

£22.7bn

£22.9bn

10

0

2020

2021

2022

2023

50

($bn)

£54.6bn

40

£40.1bn

30

20

£22.7bn

£22.9bn

10

0

2020

2021

2022

2023

£54.6bn

50

($bn)

40

£40.1bn

30

20

£22.9bn

£22.7bn

10

0

2020

2021

2022

2023

£54.6bn

50

($bn)

40

£40.1bn

30

20

£22.7bn

£22.9bn

10

0

2020

2021

2022

2023

NOAA, 2024