"The second-warmest year on record brought storms, fires and floods that killed at least 8,200 people and cost the world $210 billion in losses, according to a report by Munich Re.
The insurer is still calculating where 2020 ranks against other calamitous years but said damages last year exceeded those of 2019, which saw $166 billion in losses.
“Natural catastrophe losses in 2020 were significantly higher than the previous year,” Torsten Jeworrek, a member of Munich’s board of management said in the report. “Record numbers for many relevant hazards are a cause for concern, whether we are talking about the severe hurricane season, major wildfires or the series of thunderstorms in the U.S.”"
Brian K Sullivan reports for Bloomberg Green January 7, 2021.
SEE ALSO:
"U.S. Disaster Costs Doubled in 2020, Reflecting Costs of Climate Change" (New York Times)
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