2018 catastrophe loss levels are the new norm: Air Worldwide
The industry can expect to be hit with on average $92bn (£74.5bn) in insured losses from catastrophes annually going forward, according to catastrophe modeling firm Air Worldwide.
The figure exceeds the estimated catastrophe losses for last year, which Air Worldwide puts at $85bn and comes from the firm’s 2019 global modeled catastrophe losses report
The report uses models of
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