Severe Thunderstorms Drive Record Insured Losses in 2023

Share!

Risk & Insurance - Dec 08, 2023

Swiss Re Institute, a leading global reinsurer, has estimated that insured losses from natural catastrophes will exceed USD 100 billion in 2023, marking the fourth consecutive year to cross this threshold. The primary contributor to this staggering figure is severe thunderstorms, which have reached...

Read Full Article

Recommended Articles

Natural Disaster Risks Reshape Insurance Landscape, Sustainability

Posted: Nov 25, 2024

Insurers face mounting losses as climate risks drives unprecedented surge in secondary natural catas...

From Compliance to Competitive Advantage: Building Smarter Credit Scoring Models for Insurance

Posted: Nov 25, 2024

This article explores the compliance landscape and the development of custom credit scoring algorith...

Xabier Gallardo Named Senior Director of Client Relationship Management in WTW’s Natural Resources Business Unit

Posted: Nov 25, 2024

The latest people news in the industry today. The post Xabier Gallardo Named Senior Director of Clie...