Climate disasters drive unusually high losses in 2024: Munich Re
Frankfurt, Germany (AFP) Jan 9, 2025
Climate change fuelled natural disasters that caused $320 billion in losses last year, German reinsurance giant Munich Re said Thursday, warning that "our planet's weather machine is shifting to a higher gear". The amount of insured losses totalled $140 billion (136 billion euros) over the past 12 months, making 2024 the third-highest total since 1980, Munich Re said in a report. The fin
