Catastrophes force $31bn global payouts in H1
Insurers paid out $31bn (£23.5bn) in the first half of the year as a result of catastrophes, an increase of 51% over last year.
Wildfires in Canada, storms in Europe and the US and earthquakes in Japan meant that total economic losses for H1 reached $71bn (£54.1bn), according to research by Swiss Re.
The insurance industry
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@postonline.co.uk
Most read
- Covéa shrinks staff numbers by almost a third amid further losses
- Aviva CEO warns home insurance premiums need to go up
- DLG or Esure – which Peter Wood baby is most likely to bounce back?