Natural Disasters Cost $250 Billion In 2021

The costs of natural catastrophes in 2021 rose to 250 billion dollars, according to a first estimate published by reinsurer Swiss Re, up 24 percent from 2020.. Hurricane Ida, which caused flooding in New York and other areas of the U.S., was the natural disaster that caused more insured losses according to the company's calculations, followed by winter storm Uri,…