Global insured losses reach $146bn in 2024, driven by hurricanes & SCS: Swiss Re

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Reinsurance News - May 13, 2025

A new report from the Swiss Re Institute has revealed that global insured losses reached $146 billion in 2024, up from $125 billion in 2023 and significantly exceeding the 10-year average of $108 billion. Natural catastrophes accounted for $137 billion of 2024’s losses, an increase from $115 b...

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