News Regional26 Jan 2022

Asia Pacific:2021 sees below-average CAT-related economic losses of US$78bn

| 26 Jan 2022

After three consecutive years (2018-2020) of economic losses topping $100bn from Nat CAT events, the toll in Asia Pacific (APAC) fell to $78bn in 2021. This was 31% below the 2000-2020 average ($113bn) on an inflation-adjusted basis, says Aon, a global professional services firm that provides risk, reinsurance, retirement, and health solutions.

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