- In the first half of 2022, natural disasters caused overall losses of US$ 65bn, with slightly more than half of these insured
- Extreme multi-day rainfall and severe flooding in Australia constituted the main loss burden for the insurance industry of at least US$ 3.7bn
- US once again country with highest weather-related losses
- Number of fatalities from natural disasters increased to 4,300 compared with first half of 2021
- Extreme heat, drought and wildfires are increasing in many regions of the world, scientific community believes climate change is having a significant effect on the frequency of such events
FULL ORIGINAL PUBLICATION HERE
