2016 loss estimates highlight protection gap especially for earthquakes


Total economic losses from natural catastrophes and man-made disasters are estimated to be $158 billion in 2016, significantly higher than the $94 billion of losses such events caused in 2015, but insured losses were only around a third of this, according to Swiss Re’s latest sigma report.

Swiss Re, Catastrophes, Losses, 2016, Kurt Karl, Earthquake, Insurance, Reinsurance

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