Tag Archives | Insurance

Insurance Claims for Disasters Dropped to $45 Billion

According to Swiss Re Ltd., one of the largest reinsurers in the world, global insurance industry losses due to man-made disasters and natural catastrophes plummeted by 44% in 2013. In 2012, global insured losses reached $81 billion, but these losses fell to $45 billion in 2013. Of this $45 billion, $37 billion was a result […]

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