Global insured cat losses see large declines in first half: Swiss Re
Swiss Re | August 16, 2018
Global insured losses from disasters fell 33% to $20 billion in the first half of 2018, compared with $30 billion in the first half of 2017, according to preliminary estimates from the Swiss Re Institute, the organization said in a statement Thursday. Global insured losses from natural catastrophes declined 28%, to $18 billion, from $25 billion the year before. Insured losses from man-made disasters dropped 60%, to $2 billion from $5 billion in the first half of 2017.