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Global disasters cost insurers $49B in 2016, Swiss Re data shows
By Jayleen R. HeftTotal economic losses from natural and man-made disasters in 2016 were at least $158 billion.
News and information for property & casualty insurance agents and brokers on commercial lines insurance, including commercial property, D&O, E&O, Environmental, construction, employee practices liability, EPLI, business owners’ policy (BOP), general liability, crime, business interruption, cyber, equipment breakdown insurance, workers’ compensation, employee benefits, small business insurance, medical malpractice, fire and flood coverage, among other important types of coverage.
Total economic losses from natural and man-made disasters in 2016 were at least $158 billion.