Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018

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Cat loss estimates for 2017 range from $130bn to $140bn

  • John Hewitt Jones 6 February 2018
  • Carriers and brokers have published their best estimates for natural catastrophe losses across the 2017 calendar year, with figures ranging from Swiss Re's $131bn to JLT Re's $140bn.

    Three of the total loss figures coalesce between $130bn and $135bn.

    In its 2017 global catastrophe recap, Aon Benfield's Impact Forecasting pegged total insured nat cat losses for the year at $134bn, which included $132bn in weather-related claims as well as earthquake losses.

    Last year was the costliest on record for weather...

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