For damage due to extreme weather-related events, insurance costs amounted to $ 40 billion in the first six months of the year. The data was provided by the insurance giant Swiss Re, underlining how they are above the previous ten-year average of 33 billion dollars and in second place of the highest ever recorded in the first half, after 2011, when the strong earthquakes in Japan and New Zealand had pushed the total to $ 104 billion. Man-made disasters, on the other hand, triggered an additional $ 2 billion in estimated insured losses in the first half of this year, less than usual probably also due to the pandemic.
Insurance: Swiss Re’s climate damage jumped to $ 40 billion in the first half of the year
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