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H1 disaster losses well below average, says Swiss Re
20 August 2018Global economic losses from disasters plunged to $36 billion in the first half of 2018 from $64 billion in the same period last year, well below the ten-year average of $125 billion, according to Swiss Re.
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Natural catastrophes in 2017 hit insurers hard
10 April 2018Insured losses arising from natural disasters soared to $138 billion last year, almost three-times as much as in 2016 and far higher than the average of the past 10 years, according to Swiss Re.