AIR+01 Apr 2021

CATs cost insurers $89bn in 2020 as threat from secondary perils rise

| 01 Apr 2021

Global insured losses from disasters in 2020 reached $89bn, according to Swiss Re's recent sigma report. The figure is the fifth highest on sigma records since 1970 and comes on the back of global economic losses of $190bn from CAT events last year.

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