Of the $44 billion in total global economic losses, natural catastrophes accounted for the majority, or $40 billion in the first half of 2019, compared with $45 billion in the year-earlier period. (Photo: Shuttertock) Of the $44 billion in total global economic losses, natural catastrophes accounted for the majority, or $40 billion in the first half of 2019, compared with $45 billion in the year-earlier period. (Photo: Shuttertock)

Global economic losses from natural catastrophes and man-made disasters in the first half of 2019 amounted to $44 billion, according to Swiss Re Institute's preliminary estimates.

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