Hurricane Ida, Europe floods made 2021 a costly year of disasters


(Worthy News) – Damage wrought by Hurricane Ida in the US state of Louisiana and the flash floods that hit Europe last summer helped make 2021 one of the most expensive years for natural disasters, reinsurance company Munich Re said Monday.

The company’s annual report put the overall economic losses from natural disasters worldwide last year at $280 billion, making it the fourth-costliest after 2011, the year a massive earthquake and tsunami struck Japan.

Insured losses in 2021 amounted to $120 billion, the second-highest after 2017, when hurricanes Harvey, Irma and Maria hit the Americas, according to Munich Re. [ Source: Just the News (Read More…) ]

We're being CENSORED ... HELP get the WORD OUT! SHARE!!!

Related News Items:

Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News