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Natural Disasters Cost Global Economy $32B in Q1

Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon

 

Wednesday, 04 20 2022, Category: Nature, Country: World
 

Preliminary economic losses from natural hazards during the first quarter of 2022 totaled $32 billion, of which less than 50% (or $14 billion), was covered by public and private insurers, according to a report published by Aon.

Source: Insurance Journal