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19 May 2012

Cat losses surge to $36bn in 2010

6 December 2010

Insured losses from natural catastrophes and manmade disasters total $36bn in 2010 so far - up 34 percent on last year - according to Swiss Re's sigma team.

The figures chime with recent analysis by Inside FAC, with major losses for the first 10 months of the year alone estimated at $32bn.

The increase in claims for insurers is far-outstripped by wider economic losses, with that overall figure more than tripling from $63bn to $222bn year-on-year as a series of...

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