Swiss Re, one of the world's largest reinsurance companies, said on August 11 that global economic losses due to natural disasters in the first half of this year are estimated to have reached 100 billion US dollars, a sharp decrease from 152 billion US dollars in the same period last year. However, in the second half of this year, the El Niño phenomenon may increase the destructive power of meteorological disasters, and the risk cannot be ignored.

Swiss Re, one of the world's largest reinsurance companies, said on August 11 that global economic losses due to natural disasters in the first half of this year are estimated to have reached 100 billion US dollars, a sharp decrease from 152 billion US dollars in the same period last year. However, in the second half of this year, the El Niño phenomenon may increase the destructive power of meteorological disasters, and the risk cannot be ignored.