The magnitude 7.8 earthquake that struck southern and central Turkey and northern and western Syria on Feb. 6, 2023 was the year's most costly catastrophe to date. (Credit: Abdulkadir/Adobe Stock) The magnitude 7.8 earthquake that struck southern and central Turkey and northern and western Syria on Feb. 6, 2023 was the year's most costly catastrophe to date, according to Swiss Re. (Credit: Abdulkadir/Adobe Stock)

Natural catastrophes are on track to break loss records in 2023, Swiss Re reported this week.

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