ABC News on Nostr: US economic losses from natural disasters soared in 2024, even as they eased globally ...
US economic losses from natural disasters soared in 2024, even as they eased globally
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US economic losses from natural disasters reached $217.8 billion in 2024, an 85.3% increase from $117.5 billion in 2023; this is the highest since 2017. Insured losses rose 36% to $112.7 billion. Hurricanes Helene and Milton caused $75 billion and $25 billion in damages, respectively. Global economic losses from natural disasters totaled $368 billion, a 7.3% decline from 2023 but 14% above the average since 2000. The Palisades fire and Eaton blaze in Los Angeles County are projected to be among the costliest wildfires in US history, with losses estimated in the lower tens of billions.
#NaturalDisasters #EconomicLosses #Hurricanes #Wildfires #Insurance #Aon #ClimateRisk #2024 #UsEconomy #GlobalLosses
https://abcnews.go.com/Business/wireStory/us-economic-losses-natural-disasters-soared-2024-eased-118057062
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US economic losses from natural disasters reached $217.8 billion in 2024, an 85.3% increase from $117.5 billion in 2023; this is the highest since 2017. Insured losses rose 36% to $112.7 billion. Hurricanes Helene and Milton caused $75 billion and $25 billion in damages, respectively. Global economic losses from natural disasters totaled $368 billion, a 7.3% decline from 2023 but 14% above the average since 2000. The Palisades fire and Eaton blaze in Los Angeles County are projected to be among the costliest wildfires in US history, with losses estimated in the lower tens of billions.
#NaturalDisasters #EconomicLosses #Hurricanes #Wildfires #Insurance #Aon #ClimateRisk #2024 #UsEconomy #GlobalLosses
https://abcnews.go.com/Business/wireStory/us-economic-losses-natural-disasters-soared-2024-eased-118057062