Global nat cat economic losses reach $77bn in Q1 2023: Gallagher Re

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Reinsurance News - Apr 19, 2023

Global natural catastrophe economic losses reached an estimated $77bn in the first quarter of 2023, with public and private insurance entities covering at least an estimated $22bn of that total, resulting in a 72% or $55bn protection gap, Gallagher Re reported. According to the broker’s Q1 2023 Natu...

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