Global economy absorbs $75 billion natural disaster loss in 1h 2020
Global natural disaster events during 1H 2020 caused total economic losses estimated at $75 billion – 23 percent lower than the 2000-2019 average of USD98 billion, says Aon's Global Catastrophe Recap: First Half of 2020 report.
Meanwhile, insured losses were estimated at $30 billion – eight percent higher than the 20-year average of $28 billion.