Munich Re: 2010 Cats Cause $18B In Insured Losses, Likely Linked To Climate Change

A total of 725 weather events between January and September this year have caused insured losses of $18 billion and indicate a probable link between the increasing weather extremes and climate change, Munich Re said. The global reinsurer said weather-related natural catastrophes from January to September have caused total losses of more than $65 billion and have taken around 21,000 lives.