Natural disasters such as hurricanes and floods caused losses totalling $320 billion worldwide in 2024, according to a report ...

Hurricanes, storms, floods and other natural disasters caused an estimated $140 billion in insured losses in 2024, up from ...

He will succeed Steven Chang who will retire in March. Munich Re reeled in Adrian Goh as Chief Executive Officer of its ...

Hurricane Milton produced the highest insured losses of the year, totalling $25bn. Munich Re noted that Hurricane Helene ...

Hurricane Milton, which hit Florida in October, caused about $25 billion in insured losses, the largest amount of insured ...

Hurricane Milton, which hit Florida in October 2024, caused about $25 billion in insured losses, the largest amount of ...

Munich Re has appointed Christa Schwimmer as CEO for Munich Re's specialty reinsurance and Lloyd's and Bermuda business.

Climate change fuelled natural disasters that caused $320 billion in losses last year, German reinsurance giant Munich Re said Thursday, warning that "our planet's weather machine is shifting to a ...

Global insurers face staggering $140 billion payout in 2024, marking the third costliest year for natural disaster claims ...

Global insured losses climbed to $140 billion last year, led by damages from Hurricanes Milton and Helene, a report from ...

The amount of insured losses totalled $140 billion (136 billion euros) over the past 12 months, making 2024 the third-highest total since 1980, Munich Re said in a report.