The magnitude 7.8 earthquake that struck southern and central Turkey and northern and western Syria on Feb. 6, 2023 was the year's most costly catastrophe to date. (Credit: Abdulkadir/Adobe Stock) The magnitude 7.8 earthquake that struck southern and central Turkey and northern and western Syria on Feb. 6, 2023 was the year's most costly catastrophe to date, according to Swiss Re. (Credit: Abdulkadir/Adobe Stock)

Natural catastrophes are on track to break loss records in 2023, Swiss Re reported this week.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
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.

Catastrophe & Restoration
Loss Control
Weather Risk