NU Online News Service, July 13, 3:18 p.m. EDT
Catastrophe losses for the first half of 2012 were mild compared to the previous year and notably below the 10 year average, according to a report from German reinsurer Munich Re.
Worldwide natural catastrophe events for the first half of 2012 incurred $26 billion in economic damage and $12 billion in insured losses, mostly caused by thunderstorm activity and other weather events in the United States, says Munich Re.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
