Natural & Man-Made Catastrophe Loss Outlook: Insurance Covered only 43%
Natural and man-made disasters resulted in global economic losses of $280 bn in 2021. Insurance covered $119 bn economic losses
Catastrophe losses
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Insured Natural Catastrophe Losses are Estimated $105-120 bn
Insured natural catastrophe losses for 2021 are estimated at between $105 billion and $120 billion, according to several sources, making it the third highest natural catastrophe loss
