Insured catastrophe losses in 2020 amounted to $82bn, 44% higher than the $57bn recorded in the benign year of 2019, according to Munich Re.
It also came in 26% ahead of the 10-year average of $65bn from 2009-2018.
Overall
Insured catastrophe losses in 2020 amounted to $82bn, 44% higher than the $57bn recorded in the benign year of 2019, according to Munich Re.
It also came in 26% ahead of the 10-year average of $65bn from 2009-2018.
Overall