Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Last year was a costly one in terms of dollars and human life as insurers saw catastrophe losses increase by 59 percent from the previous year, according to a Swiss Re report.

The Zurich, Switzerland-based insurer’s report, “Natural Catastrophes and Man-made Disasters in 2010,” states that insurance claims from 304 catastrophe events in 2010 cost the industry in excess of $43 billion, compared to $27 billion in 2009.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.