Insured losses in Q1 expected to be lighter-than-average: JP Morgan

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Reinsurance News - Apr 15, 2024

JP Morgan has estimated that global insured losses will be less than $10 billion in Q1 of 2024, much below the average of $15 billion over the last 10 years. The largest natural catastrophe during Q1 was the magnitude 7.5 earthquake that struck Japan on New Year’s Day. Catastrophe risk modeller Mood...

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