Insurance Claims for Disasters Dropped to $45 Billion

2014-03-27T09:00:09+00:00March 27th, 2014|Categories: Finance|Tags: |

According to Swiss Re Ltd., one of the largest reinsurers in the world, global insurance industry losses due to man-made disasters and natural catastrophes plummeted by 44% in 2013. In 2012, global insured losses reached $81 billion, but these losses fell to $45 billion in 2013. Of this $45 billion, $37 billion was a result [...]