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Swiss Re Ltd / Key word: Research Update Insured losses from severe thunderstorms reach new all-time high of USD 60 billion in 2023, Swiss Re Institute estimates...
Https://youtu.be/FyLQlaZ5KM0 Ask not for whom the bell tolls, it tolls for thee. Not just in Florida. Major insurance companies that we all rely on are under increasing strain from a steady increase in climate amplified weather events. Allstate Insurance was recently downgraded by Standard & Poors The Insurer: (paywall) Allstate has had the issuer credit…
"Severe thunderstorms in the first half of 2023 caused a record amount in insured losses, underscoring the impact of climate change on extreme weather events, according to new research for the Swiss Re Group."
Swiss Re Ltd / Key word: Research Update Severe thunderstorms account for up to 70% of all insured natural catastrophe losses in first half of 2023, Swiss Re...
A series of widespread thunderstorms (severe convective storms) hit the US and account for 68% of global insured natural catastrophe losses in the first...