Viewpoint: Five lessons for re/insurers as above-average natural catastrophe losses continue
Total economic losses from natural catastrophes in 2022 stood at $900m for the UK, while globally some $275bn-worth of economic losses were incurred, of which less than half – $125bn – were insured
The significant catastrophe losses of last year offer real food for thought, as well as important and tangible lessons for the industry to grapple with