Swiss Re Institute News

Around the world, insured damages inflicted by natural catastrophes are climbing fast and set to double in roughly 10 years, the Swiss Re Institute — the research arm of the giant reinsurance firm — said in a report published Tuesday. …

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 …