A deep winter freeze, hailstorms and wildfires contributed to natural catastrophe losses of $40 billion in the first half of 2021, according to Swiss Re Institute’s preliminary sigma estimates.[1] This is above the previous ten-year average of $33 billion and the second highest on record for a first half after 2011, when major earthquakes in… Continue reading Severe Weather Events Drive Global Insured Catastrophe Losses of $42B in H1 2021: Swiss Re