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Natural disasters cause $310bn in economic losses in 2024: Swiss Re
Natural disasters cause $310bn in economic losses in 2024: Swiss Re

In a year set to be declared the hottest on record, natural disasters caused $310 billion in economic losses globally in 2024, as climate change increasingly takes its toll, Swiss Re said Thursday. Swiss Re, which serves as an insurer of insurance companies, stressed the impact of climate change, with this year on course to be declared the hottest since records began.