First half catastrophe losses low at $23bn: Swiss Re

Global insured losses from natural and man-made disasters stood at $23bn for the first half of 2017, down 35% from the $36bn recorded during the same period last year and well below the 10-year average of $33bn, according to Swiss Re. Economic losses were also well below average at $44bn, according to Swiss Re’s preliminary estimates. This compares to economic…

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