Secondary peril events such as wildfires, tornadoes and severe thunderstorms are becoming more impactful and generating an increasingly larger amount...
2021 catastrophe losses News
Devastation from tornadoes that slammed parts of the United States this month will push the insurance industry’s 2021 bill for...
Annual U.S. severe weather insured losses for 2021 have surpassed $20 billion after a rough October, even before the year...
Modeling firm AIR Worldwide has updated its insured loss estimates for Hurricane Ida and now projects that Ida’s insured industry...
Weather disasters are striking the world four to five times more often and causing seven times more damage than in...
Insurance industry insured losses to onshore property resulting from Hurricane Ida’s winds and storm surge will range from $17 billion...
German insurers face claims of about 11.5 billion euros ($13.6 billion) in 2021 after extensive flooding and hail storms, Germany’s...
Devastating floods in western Germany last month likely caused insured damage to the tune of about 7 billion euros ($8.2...
Catastrophe modeling firm the Karen Clark & Company (KCC) estimates that the insured loss to onshore properties from Hurricane Grace...
If you’re having trouble wrapping your mind around the spree of natural catastrophes currently plaguing the world—from deadly July floods...