Insured catastrophe losses YTD 37% above average: Jefferies
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Insured catastrophe losses YTD 37% above average: Jefferies

Jim Robinson
15 April 2021
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News: Winter Weather

Global insured losses from catastrophes so far this year are nearly 40% above average, according to Jefferies’ equity research analysts.

Drawing on data from Aon, Munich Re, Swiss Re, Willis Towers Watson and Weather Source, analyst Philip Kett estimated catastrophe claims YTD were running 37% above the long-term average and 33% above the 10-year average, at just over $20bn.

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