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Extreme weather cost global economy $215bn in 2018, AON estimates

Impact of Hurricane Michael from above | Credit: US Customs and Border Protection

Michael Holder
@MichaelHolder
22 January 2019

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Global cost of extreme weather last year higher than previous estimates, making 2017-18 costliest two-year period on record

The global economic costs of extreme weather hit $215bn after the planet was battered by hundreds of cyclones, floods, and wildfires last year, insurance giant Aon has estimated, further fueling concerns...