2017’s costly climate change-fueled disasters are the ‘new normal,’ warns major reinsurer

It turns out 2017 was a uniquely disastrous year in more ways than one, evidenced by German reinsurer Munich Re’s recently released review of the year’s global catastrophes.

Led by massive, climate change-fueled hurricanes Harvey, Irma, and Maria, 2017’s natural disasters will cost insurers a record $135 billion. Adding in uninsured losses brings the total global damages to $330 billion, which is second only to 2011.

https://thinkprogress.org/weather-disaster-record-cost-4948070d8e53/

photo credit: The National Guard

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