Money and business

Natural disasters incur the global economy 135 billion dollars in 6 months

Natural disasters unified the global economy of $ 135 billion during the first half of this year, compared to 123 billion in the same period last year, according to preliminary estimates issued by the Swiss reinsurance company “Swiss Rei”, today, Wednesday.
The giant group stated in a statement that the damage caused by forest fires in Los Angeles and severe storms in the United States, filed the bills of insurance companies for natural disasters to 80 billion dollars, compared to 62 billion in the first half of 2024.
Natural disasters, such as earthquakes, volcanoes, and hurricanes, affect a significant impact on the financial markets, as supply chains may be disrupted, infrastructure damage, and create a state of economic uncertainty.

How does the investor behave in disaster times?

The Invest -Tree website recommends reading financial news sites and blogs, and the follow -up of financial experts on social media to obtain regular updates on natural disasters and their impact on the economy.

Diversification of investments

Investors should diversify their investment portfolios across regions and sectors, a research whose business is not affected at once in one region that has been exposed to an emergency event or a natural disaster.

Financial readiness and documentation

Investment experts share a separate fund to recover from disasters, including cash and liquid assets that are easy to access when it is not possible to reach other assets.
Hedge strategies are also taken into consideration, through financial derivatives or other financial tools to mitigate possible losses.
The investor must also maintain detailed documents for his property, such as documents, photos and videos, to facilitate matters when insurance claims.

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