WASHINGTON POST • March 16, 2024
The United States suffers the world’s second-highest toll from major weather disasters, according to a new analysis – even when numbers are adjusted for the country’s wealth. The report released late last month by Zurich-based reinsurance giant Swiss Re, which analyzed the vulnerability and damages of 36 different countries, suggests that weather disasters may become a heavy drag on the U.S. economy – especially as insurers increasingly pull out of hazardous areas. Last year, the United States experienced 28 billion-dollar disasters.