Top Personal Lines Stories
Global insured catastrophe losses in 2020 top $83B, fifth-costliest on record
By Danielle LingNatural catastrophes were responsible for $76 billion of the total global CAT-losses in 2020 – a 40% increase from 2019.
News and information for property & casualty insurance agents & brokers on personal lines insurance, including homeowners insurance, flood insurance, earthquake insurance, renters insurance, automobile insurance, life insurance, disability insurance, umbrella insurance and health insurance. These insurance products protect individuals and families against potentially crushing financial losses caused by fire, theft, natural disasters, death, accidents, lawsuits and illness.
Natural catastrophes were responsible for $76 billion of the total global CAT-losses in 2020 – a 40% increase from 2019.
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