It never rains but it pours: AIR
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AIR: lessons at Baden-Baden from the European floods
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Expect average claim to be higher, says AIR as it ups Ida loss estimate
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25-10-2021
The global modeled insured average annual loss from catastrophes is expected to exceed $100 billion, with a “very real possibility” that the insurance industry will experience losses of greater than $200 billion in the next decade, a new report by Verisk’s catastrophe modelling firm AIR Worldwide has revealed.
AIR Worldwide, Report, Cat Losses, Catastrophe, Insurance, Reinsurance, Bill Churney, Global