Insured nat cat losses total $39.5bn in 2016 says Willis Re
Global insured natural catastrophe losses totalled $39.5bn (£31.3bn) in 2016, the highest market losses since 2012’s $60bn, according to Willis Re.
In its 2016 Summary of Natural Catastrophe Events report, Willis Re said the increase goes against the current trend for loss reductions seen between 2011 and 2015.
Between 2011 and 2015 annual
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