Swiss Re Estimates 2011 Economic Cat Loss at $350 Bn; Insured Loss $108 Bn
Swiss Re describes 2011 as the “year with the highest catastrophe-related economic losses in history, at $350 billion.” It could have been the most costly year ever for the insurance industry, if Japan...
View Article$370 Billion Econ. Losses for 2011; $116 Billion Insured, Says Swiss Re
Although everyone is more or less aware that 2011 was a very bad year for losses from natural catastrophes, the figures compiled by Swiss Re evince just how bad they actually were. In its latest sigma...
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