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In 2002 losses from natural catastrophes and man-made losses cost non-life insurers USD 13.5 bilion across the globe. This was markedly below the previous year´s level of USD 35 billion. While natural catastrophes caused losses of USD 11.4 billion, property losses from man-made disasters...
Persistent link: https://www.econbiz.de/10005846581
Swiss Re's latest sigma study reports man-made and natural catastrophes claimed more than 33 000 lives worldwide in 2001. At USD 34.4 billion, the burden on property insurance due to catastrophe losses was extremely high - with an estimated USD 19 billion incurred by property and business...
Persistent link: https://www.econbiz.de/10005846587
In 2000, catastrophes claimed more than 17'400 lives and caused overall financial losses - not counting indirect economic damage - of almost USD 50 billion. According to Swiss Re's definitive statistics, the burden on the insurance industry was comparatively low at USD 10.6 billion.
Persistent link: https://www.econbiz.de/10005846594