Catastrophes Cost Insurers $37 Billion in 2015: Swiss Re

Insured losses covered only 40 percent of the world’s total economic losses from all disasters, including natural and man-made events, according to Swiss Re’s sigma study released Wednesday.

Global insured losses totaled $37 billion in 2015, well below the previous 10-year average of $62 billion.

Read more at http://www.advisenltd.com/2016/04/04/catastrophes-cost-insurers-37-billion-in-2015-swiss-re/

Josh Bradford, Catastrophes cost insurers $37 billion in 2015: Swiss Re (April 4, 2016), available with subscription at Advisen Professional Front Page News.