Insured Cat Losses in 2016 Rose 42% at Highest Level Since 2012: Swiss Re

Insured losses from disasters rose 42 percent to $54 billion last year, according to Swiss Re. That’s the highest since 2012 and the equivalent of 0.07 percent of global gross domestic product. Floods in Europe, the U.S. and China, earthquakes …
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Insured Cat Losses in 2016 Rose 42% at Highest Level Since 2012: Swiss Re was originally posted by ClaimsMate.com Insurance Information Resources