We are just a couple weeks away from 2020, but the insurance industry is still tallying up losses from 2018 natural disasters.
In total, 394 individual weather disasters occurred across the globe in 2018, costing economies an estimated $215 billion, says the "Weather, Climate & Catastrophe Insight" report from Aon Benfield, making it the fourth costliest year on record. Insured losses reached $89 billion, with 64% of losses incurred in the U.S. alone.
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