Munich Re AG said the costs between January and June were "somewhat above the average for the same period in the past 10 years" of about $10 billion.
Total economic losses, including losses not covered by insurance, were $25 billion, far below the average of $42 billion, Munich Re said. The number of people killed in natural disasters was 3,000 — compared with a 10-year average for the January-June period of 24,000.
However, many of this year's disasters so far hit relatively well-insured areas.
The most expensive single event was a winter storm which hit northeastern Spain and southwestern France in late January and caused insured losses of $2.3 billion, Munich Re said. Total economic losses were $3.8 billion.
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