Insured losses from storm activity at $51bn for 2024, above long-term averages: Munich Re
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

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
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
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

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Catastrophe losses Property Reinsurers North America Munich Re Hurricane
Gift this article