ADVERTISEMENT

'Severe and costly': 2018 clocks in $160bn worth of extreme weather damages

Madeleine Cuff
Madeleine Cuff
clock 09 January 2019 •
Devastation caused by Hurricane Michael in Florida, October 2018 | Credit: US Department of Housing and Urban Development
Image:

Devastation caused by Hurricane Michael in Florida, October 2018 | Credit: US Department of Housing and Urban Development

Annual natural disaster report from Munich Re rates 2018 as the fourth costliest year since 1980

From a calm start, 2018 descended into extreme weather chaos causing hundreds of billions of dollars in damages, according to the latest report on natural disasters from German reinsurer Munich Re...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no-strings trial

Join now

 

Already a BusinessGreen
member?

Login

ADVERTISEMENT
Madeleine Cuff
Author spotlight

Madeleine Cuff

View profile
More from Madeleine Cuff

From SEMTA to Enginuity: Engineering skills body rebrands

Inside Enginuity's plan to build a workforce for the future

Most read
01

Tesla to open up global charging point network to all EV brands

26 July 2021 • 3 min read
02

Pizza Hut and Beyond Meat deliver latest boost to plant-based food market

26 July 2021 • 2 min read
03

World Economic Forum: Targeting 10 per cent plastics reuse could halve ocean plastic waste

28 July 2021 • 3 min read
04

Nuclear: UK pushes forward with small advanced modular reactor program

29 July 2021 • 4 min read
05

UK's leading house builders plot net zero road map for sector

27 July 2021 • 4 min read

More on Climate change

Amazon fires and deforestation have surged under President Jair Bolsonaro | Credit: iStock
Supply chain

Revealed: UK supermarkets linked to beef suppliers driving illegal Amazon deforestation

EXCLUSIVE: Asda pledges to stop stocking certain canned products following investigation revealing links to illegal Amazon rainforest destruction

Elisangela Mendonca, Andrew Wasley and Michael Holder
clock 31 July 2021 • 9 min read
The River Ouse floods the centre of York | Credit: iStock
Risk

Record £5.2bn England flood defence package unveiled as climate warnings intensify

Government ramps up funding for England’s flood and coastal resilience, alongside reforms to flood insurance for home owners and stricter planning guidance for developers

Cecilia Keating
Cecilia Keating
clock 29 July 2021 • 5 min read
Green transition offers huge potential for job creation | Credit: iStock
Skills

Research: Limiting global warming to 2C could create eight million green energy jobs

Putting world on path to 'well below' 2C temperature goal in the Paris Agreement could create millions of green jobs worldwide, offsetting losses in fossil fuel sector, research estimates

Bea Tridimas
clock 27 July 2021 • 3 min read