Climate change is hurting the insurance coverage trade and solely 8% of insurers are preparing adequately for its impact, consultants Capgemini and financial trade body Efma mentioned in a report on Tuesday. Insured losses from pure catastrophes have increased 250% within the last 30 years, with perils similar to wildfires and storms, seen as particularly impacted by local weather change, causing a good sooner rise in insured losses, the report stated. Insurers' primary disaster threat prior to now was typically from hurricanes in U.S.