Claims and losses, Nat Cat, Nat Cat events, Non-life

Aon: Billions in economic and insured losses expected from glacial lake outburst in India

Severe glacial lake outburst flood in India's Sikkim and West Bengal states leaves nearly 100 dead, causing billions in economic losses due to extensive damage to dam infrastructure.

Editorial team

October 16, 2023

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2 min read

New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.

New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September