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flag Natural disasters in 2024 caused $310 billion in global losses, with insured damages up 17% to $135 billion.

flag In 2024, natural disasters caused $310 billion in global economic losses, a 6% increase from 2023, with insured losses climbing 17% to $135 billion. flag The rise is attributed to hurricanes Helene and Milton in the US, causing $50 billion in damages, and intense flooding in Europe. flag This marks the fifth year of insured losses exceeding $100 billion, with climate change intensifying extreme weather events.

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