Pure disasters brought about US$368 billion in damages in 2024

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Natural disasters caused US$368 billion in damages in 2024

Hurricane Helene was essentially the most harmful occasion of 2024, inflicting US$75 billion in damages and leading to 243 fatalities when it made landfall within the US in September. It was intently adopted by Hurricane Milton in October, which contributed US$20 billion to insured losses. General, america accounted for 78% of worldwide insured losses, with extreme convective storms additional driving up prices in areas similar to Dallas, Houston, and Denver.