Natural disasters cause $310bn in economic losses in 2024: Swiss Re …C0NTINUE READING HERE >>>
Intense flooding in Europe alone caused around $10 billion in insured losses this year, Swiss Re said.
Photo: Wojtek RADWANSKI / AFP/File
Source: AFP
In a year set to be declared the hottest on record, natural disasters caused $310 billion in economic losses globally in 2024, as climate change increasingly takes its toll, Swiss Re said Thursday.
The estimated economic losses from natural disasters were six-percent higher than in 2023, which currently stands as the hottest year ever,…
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