In 2021, natural disasters caused overall losses of $280 billion, of which roughly $120 billion were insured. Alongside 2005 and 2011, the year 2021 proved to be the second-costliest ever for the insurance sector (record year 2017: $146bn, inflation-adjusted) – overall losses from natural disasters were the fourth-highest to date (record year 2011: $355bn) Hurricane… Continue reading Weather Disasters in U.S. Dominate Losses in 2021
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