Monday, January 10, 2022

Climate change to blame? 2021 produced the second-costliest disasters on record


Hurricanes, floods, wildfires, 2021 brought more than its share of natural disasters. And as well as claiming around 10,000 lives, they also took a major financial toll. German reinsurer Munich Re says it was one of the most expensive years on record, with global damages estimated at around 280 billion dollars - only 120 billion dollars of which was insured.
 

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