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2017 Set a Record for Losses From Natural Disasters. It Could Get Worse.

2018-01-06 3 Dailymotion

2017 Set a Record for Losses From Natural Disasters. It Could Get Worse.<br />4, 2018<br />Insurers are set to pay out a record $135 billion to cover losses from natural disasters in 2017, the world’s largest reinsurer<br />said Thursday, driven by the costliest hurricane season ever in the United States and widespread flooding in South Asia.<br />While it was still difficult to attribute individual weather events to climate change, he said, "our experts expect such extreme weather to occur more often."<br />The United States made up an unusually high share of global insured losses last year — about 50 percent, compared with just over 30 percent on average.<br />Torsten Jeworrek said that Some of the catastrophic events, such as the series of three extremely damaging hurricanes, or the<br />very severe flooding in South Asia after extraordinarily heavy monsoon rains, are giving us a foretaste of what is to come,<br />Together with Hurricanes Irma and Maria, the 2017 hurricane season caused the most damage ever, with losses reaching $215 billion.<br />Mark Bove, a senior research meteorologist at Munich Re, said in an interview<br />that losses jumped in the United States because so many of the disasters hit highly populated areas: the Houston bay area, South Florida, Puerto Rico.<br />" he said. that And we don’t build buildings to withstand the weather we see today,<br />let alone what we might see as the climate changes in the next 10 to 20 years,

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