Global total economic losses from natural catastrophes andman-made disasters in the first half of 2017 were $44 billion,compared with $117 billion in the first half of 2016, according toSwiss Re.Much of this can be attributed to fewer and less intenseevents.
Of the total losses in the first half of 2017, $23 billion werecovered by insurance, down from $36 billion in the first half of2016.
Globally, around 4,400 people lost their lives or went missingin disaster events. While the number is low relative to recentyears, the toll may rise once estimates on the number of victims ofEurope's severe June heat waves are included.
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