US insured losses from a modern-day Carrington Event could reach $433bn, says WTW
Reinsurance News - Jul 22, 2024
If a solar storm similar to the “Carrington Event” were to occur today, US insurance industry losses could range anywhere between $71 billion to $433 billion, according to global insurance broker WTW. The Carrington Event, the most powerful solar storm in recorded history, took place on...
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