Insured losses from major natural catastrophes in 2019 totalled roughly $53 billion, about 18 percent lower than the annual average since 2011. This continues a relative period of calm compared to 2017, when the total loss reached a peak of $143 billion, according to the Summary of Natural Catastrophe Events 2019, published by Willis Re.
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Willis Re, Karl Jones, Vaughn Jensen, report, results, loss, catastrophe, wildfire, insurance, reinsurance, Japan, Australia, North America, Asia Pacific