Natural disasters cause 250-bln-USD global loss in 2023: Munich Re

BERLIN, Jan. 9 (Xinhua) -- Natural disasters caused worldwide losses of around 250 billion U.S. dollars in 2023, German reinsurer Munich Re said in its annual report on Tuesday.

Thunderstorms in North America and Europe were "more destructive than ever before," according to the report. In North America alone, assets worth around 66 billion U.S. dollars were destroyed by storms, while in Europe storm damage amounted to 10 billion U.S. dollars.