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Raging Storms Pushed Disaster Damages Above $100 Billion in 2023

Insurers’ losses were driven not by a single powerful hurricane but by a string of other weather events, especially thunderstorms.

By: financialpost.com

Mar 26 2024
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Raging Storms Pushed Disaster Damages Above $100 Billion in 2023

(Bloomberg) — Around the world, insured damages inflicted by natural catastrophes are climbing fast and set to double in roughly 10 years, the Swiss Re Institute — the research arm of the giant reinsurance firm — said in a report published Tuesday. Read More

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Inequality worsening as wealth gap widens to highest since 2015: TD Bank report