$100bn of insured catastrophe losses now reached in 2023: Gallagher Re

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Reinsurance News - Nov 08, 2023

The $100 billion insured loss threshold from natural catastrophes in 2023 has now been breached, marking the sixth year since 2017 that this has occurred, according to Gallagher Re’s Chief Science Officer, Steve Bowen. Bowen noted that Gallagher Re continues to “believe that $100 billion insur...

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