Munich Re estimates global disaster losses in 2024
Munich Re estimates global disaster losses in 2024 at $320 billion
Natural disasters such as hurricanes and floods caused losses totalling $320 billion worldwide in 2024, according to a report from German reinsurance giant Munich Re published on Thursday. The losses are well above the average from recent decades and one of the most expensive years for natural disasters since 1980,
Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024, up from ...
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Munich Re taps new CEO for Beijing operationsHe will succeed Steven Chang who will retire in March. Munich Re reeled in Adrian Goh as Chief Executive Officer of its ...
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Hurricane Milton, which hit Florida in October, caused about $25 billion in insured losses, the largest amount of insured ...
Hurricane Milton, which hit Florida in October 2024, caused about $25 billion in insured losses, the largest amount of ...
Hurricane Milton produced the highest insured losses of the year, totalling $25bn. Munich Re noted that Hurricane Helene ...
Global insured losses climbed to $140 billion last year, led by damages from Hurricanes Milton and Helene, a report from ...
Australia may have experienced a light year for nat cats but that wasn’t the case globally. According to Munich Re’s reports ...
The damage is expected to far exceed the $16 billion in economic losses from Maui's wildfires two years ago. Weather now ...
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