Category:

Disaster & Management

Global natural disasters cause $ 320 bn of economic losses,  $140 bn of insurance claims in 2024 : Munich Re

Global natural disasters cause $ 320 bn of economic losses, $140 bn of insurance claims in 2024 : Munich Re

Weather catastrophes were responsible for 93% of overall losses and 97% of insured losses. Around 11,000 people lost their lives as a result of natural disasters in 2024 – significantly fewer than the average. Non-peak perils are increasingly fuelling the trend of...

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