Global protection gap hits new high of $1.8 trillion in 2022: Swiss Re
Reinsurance News - Jun 21, 2023
Closing the global protection gap for natural catastrophes, crop, mortality and health insurance would require $1.8 trillion in insurance premium annually, according to a recent Swiss Re report. The re/insurer stated that the protection gap has risen by a cumulative 20% in the past five years, refle...
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