Insight and Intelligence on the Global Facultative Markets

5 February 2012

News Digest

21 January 2010

Nat cats cost $20bn during 2009

Natural catastrophe activity remained near the levels of the previous two years in 2009, though in the absence of a significant fallout from a US hurricane this season, insured losses were in the region of only $20bn, according to Aon Benfield. According to the research, at least 222 separate events had damaging effects on various parts of the world, resulting in economic losses of $58bn. By comparison, 2008 had 213 events that produced significant...

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