Disaster & Management
Natural disasters cost $120bn of insured losses worldwide in 2021, relatively low losses in Asia-Pacific: Munich Re

Natural disasters cost $120bn of insured losses worldwide in 2021, relatively low losses in Asia-Pacific: Munich Re

Torsten Jeworrek, member of the Board of Management,Munich Re The costliest natural disaster in 2021 was Hurricane Ida, causing $65bn of economic losses and US$ 36bn of insured losses Torsten Jeworrek, member of the Board of Management,Munich Re, said the images of...

Philippine supertyphoon Rai ‘exceeded all predictions’ – forecaster

While it's unclear exactly how global warming is affecting the intensification of such storms, the UN's climate change agency has found it is "likely that the frequency of rapid intensification events have increased over the past four decades" as temperatures rise....