Insured losses from 2011 cats set to exceed $90bn
Insured losses from the extensive series of natural catastrophes throughout 2011 seem likely to exceed $90bn, even by conservative estimates.
Figures put together by The Insurance
Insider from official industry forecasts and market
sources suggest that total insured losses from catastrophic events
with expected losses of $100mn or more total $94bn.
Click to enlarge
Almost two thirds of that figure comes from just three events - the Japanese Tohoku earthquake and tsunami ($30bn), the ongoing flooding in Thailand (up to...
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