Tag: drought

Capital and Risk, Insurance

Natural Catastrophes Cost Insurers $125 Billion in 2022: Swiss Re

March 22, 2023

Via: Insurance Journal

Natural disasters in 2022 brought global economic losses of US$275 billion, of which insurance covered 45%, or US$125 billion, according to Swiss Re’s latest sigma report. Claims from Hurricane Ian in Florida, record breaking losses from hailstorms in France, floods […]