Insured losses of $43bn in H1 well above $34bn ten-year average: Munich Re
The earthquake in Turkey and Syria was by far the most devastating natural disaster in the six months of 2023.
« The primary aim must be to save lives. The next step is to reduce losses in such catastrophes, we also need to adapt to handle the consequences of global warming in the form of more frequent or more severe weather disasters. » says Thomas Blunck Member of the Board of Management of Munich Re.