Nat Cats Cost Insurers $39.5B in 2016, Highest Level in 4 Years: Willis Re

Insured loss estimates from major natural catastrophes totaled US$39.5 billion during 2016, which is the highest level since 2012 when market losses totaled US$60 billion, according to a report published by Willis Re, the reinsurance division of Willis Towers Watson. …

from News – Insurance Journal