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Natural disasters cost insurers $108 bn in 2023: Swiss Re

Natural disasters cost insurers $108 bn in 2023: Swiss Re
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Swiss Re Warns Insured Disaster Losses Could Double In A Decade

Insured property losses could double in the coming decade due to climate change and more frequent and more intense severe weather events, reinsurance giant Swiss Re warned Tuesday.

Natural disasters cost insurers $108bn in 2023 - Swiss Insurance firm

Natural disasters caused $280bn in damage worldwide in 2023, including $108 billion covered by insurance companies, Swiss reinsurance giant, Swiss Re, said on Tuesday, warning the bill could double within 10 years.

Swiss Re warns insured disaster losses could double in a decade

Insured property losses could double in the coming decade due to climate change and more frequent and more intense severe weather events, reinsurance giant Swiss Re warned Tuesday.Swiss Re estimates that insured losses "could double within the next 10 years as temperatures rise and extreme weather events become more frequent and intense".

Swiss Re warns insured disaster losses could double in a decade

Swiss Re warns insured disaster losses could double in a decade
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