Munich Re: Quakes and Storms Cause $95 Billion in Insurance Losses in 2023 January 9, 2024 By Alexander Hübner and Tom Sims Earthquakes in Turkey and Syria, storms in the United States and other natural disasters caused an estimated $95 billion in...
Insured Loss Estimates from Japan Earthquake Range from $1B to $6.4B January 8, 2024 Insured losses from the devastating earthquake in Japan could reach $6.4 billion, according to an estimate from U.S.-based catastrophe modeling...
Global Insured Losses From Severe Convective Storms Hit New High of $60B: Swiss Re December 7, 2023 Global insured losses from severe thunderstorms have hit a new all-time high of $60 billion in 2023, with overall natural...
Aon Report Says Insured Losses from Severe Convective Storms Tops $50B for First Time October 20, 2023 By Lisa Howard Insured losses from severe convective storms in the United States continued to increase during the third quarter, surpassing the $50...
Insurance Industry Should Expect $100 Billion in Catastrophe Losses Every Year: Verisk September 11, 2023 By Chad Hemenway Total global insured losses from natural catastrophes of more than $100 billion a year may be less newsworthy than in...
Insurance Losses from Mississippi Tornado Nearing $100M April 20, 2023 By Michael Goldberg JACKSON, Miss. (AP) — Insurance losses from the March tornado that carved a path of destruction through parts of Mississippi...
Turkey Earthquakes to Cost Insurers $2.4 Billion – KCC February 17, 2023 Catastrophe modeling firm Karen Clark & Company (KCC) said on Thursday it expects insured losses of $2.4 billion from the...
Insured Losses Hit $120 Billion as Extreme Weather Spreads January 10, 2023 By Stephan Kahl The insurance industry is struggling to adapt to a new normal in which losses fueled by climate change are now...
KCC: Bomb Cyclone Caused $5.4B in Insured Losses December 29, 2022 By Claims Journal staff The winter storm that brought frigid arctic air south to the Gulf of Mexico will cause $5.4 billion in insured...
Swiss Re: Natural Disasters Cost Insurers $115 Billion this Year December 1, 2022 By Lisa Howard Hurricane Ian and other natural catastrophes, such as European winter storms, floods in Australia and hailstorms in France and the...