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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.
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AIR Worldwide, Report, Cat Losses, Catastrophe, Insurance, Reinsurance, Bill Churney, Global
