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Earthquakes, floods and other disasters cost the global insurance sector $70B in H1, Swiss Re...

Earthquakes, floods and other disasters cost the global insurance sector $70B in H1, Swiss Re says. After 2005, when claims hit $120B, this already makes 2011 the second-most expensive year in over 40 years. The total H1 losses to society, insured and uninsured, were almost $278B. (PR)
Comments (1)
  • Poor Texan
    , contributor
    Comments (3531) | Send Message
     
    The fires and drought damage here in Texas (cracked foundations and damaged walls and roofs) should add to the total.
    9 Sep 2011, 12:22 PM Reply Like
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