AIR pegs aggregate annual global cat loss at average of $106.3bn
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AIR pegs aggregate annual global cat loss at average of $106.3bn

Liz Bury
25 October 2021
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UPI 20171207

AIR Worldwide has pegged global, aggregate, average nat-cat losses at $106.3bn and cited the chance of a $200bn industry loss within the next 10 years at 40% or higher.

The firm’s latest Global Modelled Catastrophe Losses report included for the first time a figure for the 5% aggregate exceedance probability (EP) insured loss, or the 20-year return period loss, which was modelled at $203.4bn.

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