Insured losses from floods doubled over last decade – Swiss Re
Global flood losses hit $20 billion last year alone
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Global flood losses hit $20 billion last year alone
Insured losses from floods doubled to $80 billion globally during 2011-2020 compared to the previous decade, while insurance penetration lingered at just 18%, according to Swiss Re Institute's... | September 1, 2022
Insured losses from floods doubled to $80 billion globally during 2011-2020 compared to the previous decade, while insurance penetration lingered at just
A new report from insurance giant Swiss Re finds the flood losses coved by insurance are jumping drastically and only a fraction of what’s damaged is insured.
By Noor Zainab Hussain and Carolyn Cohn (Reuters) - Insured losses from floods doubled to $80 billion globally during 2011-2020 compared to the previo...