Insurers were on the hook for $154 billion of that total.
Economic toll from hurricanes and other natural disasters soared in U.S. last year and were above average globally.
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In addition to the severe storms in the U.S., deadly floods in the Valencia region of Spain and other natural disasters drove worldwide economic losses from natural disasters to $368 billion last ...
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Natural disasters and severe weather cost the global economy $417 billion last year, including $154 billion for which insurers were on the hook, according to a new report. Last year was the ...
Economic losses from hurricanes and other natural disasters soared in the U.S. last year and were above average globally, reflecting another year of costly severe storms, floods and droughts.
Natural disasters and severe weather cost the global ... The $154 billion in losses covered by insurers worldwide represented a 27% increase over the 10-year average. Stronger thunderstorms ...