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19 May 2012

Catastrophe losses $24bn in 2009 says Swiss Re

9 December 2009

According to Swiss Re's reseach unit Sigma, insured losses for the year to date have fallen dramatically compared to last year and are an estimated at $24bn, with natural catastrophes accounting for $21bn and man-made claims approximately $3bn.

Last year Sigma estimated that natural catastrophe insured losses were $42bn and there were over $7bn in man-made losses.

The total economic cost of natural catastrophes and man-made disasters so far in 2009 has been $52bn compared to $267bn the previous year,...

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