sigma study looks at catastrophes and man-made disasters

Item request has been placed! ×
Item request cannot be made. ×
loading   Processing Request
Read More Add to Saved list
  • Source:
    Insurance Newslink, December 2, 2009 Press, 2pp
  • Additional Information
    • Abstract:
      According to initial estimates from Swiss Re's forthcoming sigma study, the total cost to society of natural catastrophes and man-made disasters in 2009 was $52bn versus $267 billion in 2008. The cost to insurers in 2009 was $24bn. Insured losses were below average due to a calm US hurricane season. In 2009, natural catastrophes will cost insurers roughly $21billion, with man-made disasters triggering additional claims of approximately $3bn...