Storms cause $51bn in losses in 2018 season: Munich Re

04-12-2018

Storms cause $51bn in losses in 2018 season: Munich Re

Munich Re

The 2018 tropical cyclone season across the northern hemisphere has caused overall losses of around $51 billion, well below last year’s figure of $220 billion, but still substantially above the long-term average of $34 billion, according to Munich Re.


Munich Re, Tropical cyclone, Insured losses, Catastrophe, Europe, Global

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