Global Insurers Paid $89 Billion for Natural, Manmade Disasters in 2020: Swiss Re

Natural and man-made catastrophes cost the insurance industry US$89 billion in 2020, in the fifth costliest year since 1970, according to a report from Swiss Re’s sigma. Of that total, US$81 billion related to claims from natural catastrophes, with the …

from News – Insurance Journal https://ift.tt/3cCGw17