It never rains but it pours: AIR
AIR: lessons at Baden-Baden from the European floods
Expect average claim to be higher, says AIR as it ups Ida loss estimate
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