Insured losses from storm activity at $51bn for 2024, above long-term averages: Munich Re
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Insured losses from storm activity at $51bn for 2024, above long-term averages: Munich Re

The carrier attributed the intensification of storms this season to climate change.

By Jai Singh
December 04, 2024
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north carolina storm damage hurricane helene.png

Insured losses from North Atlantic tropical cyclones and Northwest Pacific typhoons are estimated at $51bn for 2024, significantly above the 10 and 30-year averages, according to Munich Re.

The

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Topics

NewsCatastrophe lossesPropertyReinsurersNorth AmericaMunich Re
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