Losses from winter storms that swept through the southern United States are expected to top the agendas of property and casualty insurance companies
Insured losses from March storms in the United States are likely to surpass $1 billion, Aon said in its monthly Global Catastrophe Recap.
Global losses from natural disasters in 2020 were US$210 billion, according to Munich Re, of which only US$82 billion was insured.
Getty Images Business interruption losses from a global pandemic are uninsurable due to their sheer scope. Business interruption losses (in the U.
Insured losses related to civil disorder in 2020 are on their way toward a level not seen since 1992, according to estimates by insurance industry a
Insured losses associated with 2018’s Hurricane Michael reached almost $7.