Search
 

Swiss Re: Insurers Hit With $36B In Losses From 2010 Catastrophes

Natural and man-made catastrophes have caused an estimated $36 billion in losses for insurers in 2010, a 34 percent increase over last year, said Swiss Re.

By Chad Hemenway | Updated on November 29, 2010

NU Online News Service, Nov. 30, 11:53 a.m. EST

Natural and man-made catastrophes have caused an estimated $36 billion in losses for insurers in 2010, a 34 percent increase over last year, said Swiss Re.

This year was also the deadliest since 1976, with about 260,000 fatalities–about 222,000 coming from the earthquake in Haiti.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.