Insurers Face Average Annual Loss of $152B From Natural Catastrophes: Verisk
Verisk estimates that the global insured average annual property loss (AAL) from natural catastrophes has risen to $152 billion, with two-thirds of potential losses ...
global natural catastrophes News
Only 38% of 2021’s Natural Disaster Losses of $343B Were Covered by Insurance: Aon
Natural disasters cost global economies a total of $343 billion in 2021, compared with $297 billion in 2020, according to Aon's "2021 Weather, Climate and Catastrophe Insight" report. Insured losses ...
Hurricane Ida Pounds Louisiana, Creates Risk of ‘Life-Threatening’ Flooding
Hurricane Ida pounded Louisiana after sweeping ashore from the Gulf of Mexico, flooding wide areas under heavy surf and torrential rains as fierce winds toppled trees and power lines, plunging New ...