Munich Re Reports 2024 as One of the Costliest Years for Natural Disasters
The Munich Re insurance company has reported that global damages from natural disasters reached $320 billion in 2024, significantly higher than in previous years. The increase is attributed to climate change, with events such as hurricanes, severe storms, and floods impacting areas like North America and Europe. Experts warn of the growing risks associated with climate change, calling for better preparedness and infrastructure to mitigate future disasters.