Swiss Re: insured losses up 34% to $36bn in 2010
According to initial estimates from Swiss Re’s sigma team, worldwide economic losses from natural catastrophes and man-made disasters were $222bn in 2010, more than triple the 2009 figure of $63bn.
The cost to the global insurance industry was $36bn, an increase of 34% over the previous year.
Natural catastrophes cost the global insurance industry roughly $31bn in 2010, and man-made disasters
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