natural catasatrophe losses News

Severe Storms Dominate First Half of 2017, Cause $41B in Large Losses

A series of hailstorms and tornadoes in the U.S. dominated the natural catastrophe statistics in the first half of 2017, according to Munich RE. A total of six severe, large-scale thunderstorms were recorded, each causing billions of dollars of losses. …

2016 Global Natural Catastrophes Up 42% From Prior Year

Total economic losses from natural catastrophes and man-made disasters amounted to $175 billion in 2016, almost twice the $94 billion seen in 2015, the latest sigma study from the Swiss Re Institute says. Global insured losses from disasters were $54 …