Insured nat cat losses hit $123bn in record-setting 2023: Gallagher Re
Reinsurance News - Jan 17, 2024
The global economic cost of natural catastrophe events reached an estimated $357 billion in 2023, of which approximately 34%, or $123 billion was covered by re/insurance, as broker Gallagher Re reports an annual record of 34 individual billion-dollar insured loss events in the year. The reinsurance...
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