A report by Insure Our Future reveals that climate change has caused over a third of weather-related insurance losses in the past 20 years, amounting to an estimated $600 billion. The UK faced significant losses from Storm Henk, and Europe recorded its second-highest flooding losses this year. The report emphasizes the urgent need for insurers to address climate risks and reduce emissions, as rising costs are making insurance unaffordable for vulnerable communities. It criticizes insurers for profiting from fossil fuel expansion while neglecting their responsibility to protect against climate risks.