A sigma study by Swiss Re estimates that more than 33,000 people lost their lives as a result of natural catastrophes and man-made disasters in 2001, and puts the cost to the insurance industry at $34.4 billion.
Over half those losses, an estimated $19 billion from property claims and business interruption, were caused by the Sept. 11 attacks.
Topics Trends Catastrophe Profit Loss
Was this article valuable?
Here are more articles you may enjoy.
MMA Alleges Broker Patriot Poached 11 Surety Team Members 
United Co-Pilot Warned Plane Was Slow, Low Before Newark Mishap 
Karen Read Sues Police Agencies That Investigated Her Boyfriend’s Death 
AIG’s Turnaround Under Zaffino Sets Stage for New Leadership 
