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Only 20% of catastrophe losses in Africa in 2025 were covered by insurance

Thursday, 15 January 2026RSS
Only 20% of catastrophe losses in Africa in 2025 were covered by insurance

Natural disasters caused worldwide damage of $224 billion (€192 billion), 39% less than the previous year, by 'pure luck', says a report released on Tuesday by the German reinsurer Munich Re. In Africa, 'they resulted in losses of approximately $3 billion (€2.5 billion), ...

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