Disasters $313b Loss - Search
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  2. Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated on Wednesday, of which less than half was insured.
    finance.yahoo.com/news/natural-disasters-caused-313-bln-093000486.html
    finance.yahoo.com/news/natural-disasters-caused-313-bln-093000486.html
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    What is the second most expensive natural disaster?Hurricane Ian is the second most expensive natural disaster the insurance sector has ever faced. Aon estimated about 31,300 people died due to natural catastrophe events in 2022, of which about two thirds were linked to severe heatwaves in Europe between June and July.
    Why are disaster losses so low?"It was relatively low due to the fact that many of the costliest disasters occurred in countries with mature insurance markets such as U.S. or Europe, whereas losses in less-covered regions such as Asia were well below average," Michal Lörinc, head of catastrophe insight at Aon, told Reuters.
    How much economic loss did natural disasters cause?The report reveals that natural disasters caused a $313 billion global economic loss during the 12-month period under review - 4 percent above the 21 st -century average - $132 billion of which was covered by insurance.
    How many billion-dollar disasters were there last year?Among all the billion-dollar disasters last year, there were 11 storms, 4 cyclones, a wildfire and a drought. There were certainly many more storms and fires, but none that reached the billion-dollar threshold. Why are they on the rise?
     
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    WEBJan 26, 2023 · Global economic losses from natural disasters of $313 billion were 4% above the 21 st -century average. There were at least 39 individual billion-dollar natural disasters in 2022, below...

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