2024 tropical cyclone losses among costliest of the past decade: Munich Re

Share!

Reinsurance News - Dec 05, 2024

A new white paper from reinsurance company Munich Re reveals that the 2024 tropical cyclone season, characterised by unusually severe storms, ranks among the costliest of the past decade, with losses significantly surpassing the ten-year average. Insured losses from natural catastrophes in 2024 have...

Read Full Article

Recommended Articles

CatIQ lifts Ontario & Quebec ice storm loss estimate to CAD 490m

Posted: Sep 30, 2025

CatIQ, a Toronto-based independent catastrophe insurance data provider and subsidiary of PERILS, has...

Surge in specialty carrier launches: ALIRT study

Posted: Sep 30, 2025

There has been a surge in new specialty carrier launches since 2018, many established to take advant...

Government shutdown could pressure US economy and insurers, AM Best warns

Posted: Sep 30, 2025

A US government shutdown would quickly ripple through the economy and create challenges for the insu...