Natural disasters caused losses of $68 billion worldwide in the first half of 2020, largely on account of severe thunderstorms in North America, Munich Re AG said Thursday. "Munich Re: North American Thunderstorms Drove $68 Bln Loss in 1H," at 1014 GMT, incorrectly said Munich Re had a $68 billion loss in the first half of 2020. The figure represents losses caused by natural disasters in the first half in the world, not for the company.
(END) Dow Jones Newswires
July 23, 2020 09:55 ET (13:55 GMT)Copyright (c) 2020 Dow Jones & Company, Inc.