Munich Re - Weather disasters in USA dominate natural disaster losses in 2021
- Written by Reporters
- In 2021, natural disasters caused overall losses of US$ 280bn, of which roughly US$ 120bn were insured
- Alongside 2005 and 2011, the year 2021 proved to be the second-costliest ever for the insurance sector (record year 2017: US$ 146bn, inflation-adjusted) –overall losses from natural disasters were the fourth-highest to date (record year...
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