Natural disasters caused global losses of $65 billion in the first half of 2022, says a new mid-year report from Munich Re. This figure includes losses from severe flooding in Australia, devastating earthquakes in Afghanistan and Japan, tornadoes in the United States and severe heat and drought in areas of Europe, among other natural catastrophes. When it comes to the human cost, Munich Re found 4,300 people lost their lives due to natural disasters in the first half of the year.
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