"It has been a momentous year so far—one for the record books," said Robert P. Hartwig, Insurance Information Institute (I.I.I.) president, who spoke at the Munich Re webinar, "2011 Half-Year National Catastrophe Review."
Hartwig noted that three events of the past six months have been added to the list of the 16 costliest insured world disasters. He also said that this year thus far has been unusual in that numerous major disasters fell outside of U.S. soil, explaining a "sense of rewriting the economics of the history of disaster in the U.S. and on the global scale."
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