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2013 insured catastrophe losses hit $45Bn, protection gap widens

Global reinsurance firm Swiss Re has now delivered its final assessment on the total global economic and insured losses from natural catastrophes and man-made disasters in 2013, putting insured losses at $45 billion and economic losses at $140 billion.This is only slightly higher than the preliminary estimates Swiss Re gave read the full article →

$44 billion insured losses from catastrophes and disasters in 2013: Swiss Re

Reinsurance firm Swiss Re has estimated the total economic losses from natural catastrophes and man-made disasters in 2013 at $130 billion, resulting in a $44 billion insured loss toll for the global insurance and reinsurance industry.The economic loss total of $130 billion compares with $196 billion in 2012. The insured read the full article →

European Commission consults on natural and man-made disaster risk transfer

The European Commission has launched a new green paper consultation process on the topic of natural and man-made disaster insurance and risk transfer. Part of a two-pronged strategy on climate change and adaptation, the EC sees the need for a wide and public debate on the adequacy and availability of read the full article →

$65 billion insured losses from catastrophes and man-made disasters in 2012

Reinsurer Swiss Re has released preliminary estimates from its sigma division for the amount of insured losses that insurers and reinsurers will have to pay from both man-made and natural disasters in 2012. They estimate economic losses from natural catastrophes and man-made disasters will likely reach $140 billion in 2012 read the full article →

$218 billion in economic losses, $43 billion in insured losses from natural catastrophes and man-made disasters in 2010

Swiss Re have today published their latest Sigma report which looks at the toll suffered around the globe from natural catastrophes and man-made disasters during 2010. The report shows that losses were exceptionally high in 2010, particularly for a year when the Atlantic hurricane season (one of the biggest loss read the full article →