Pure catastrophes trigger estimated $310b in financial losses in 2024: Swiss Re
World+Biz
BSS
05 December, 2024, 04:05 pm
Ultimate modified: 05 December, 2024, 04:06 pm
BSS
05 December, 2024, 04:05 pm
Ultimate modified: 05 December, 2024, 04:06 pm
Pure mess ups and catastrophes bear brought on an estimated $310 billion in financial losses spherical the enviornment this one year, up by six per cent from 2023, reinsurance enormous Swiss Re acknowledged this day (5 December).
Insured losses, meanwhile, swelled by 17 p.c one year-on-one year to $135 billion, with devastating hurricanes Helene and Milton, which struck the southeast United States in immediate succession, pushing up the prices, Swiss Re acknowledged in a commentary.
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