Scientists are finding that climate change is having a devastating effect on wildfires, flooding, cyclones and other weather-related events. (Photo: Shutterstock)
New figures out from international reinsurer Swiss Re show that global insured losses actually dropped in 2019 to $56 billion as compared to the 2018 figure of $93 billion, and well below the average of $75 billion for the previous decade.
Continue Reading for Free
Register and gain access to:
- 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
© 2024 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.