Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Swiss Re has found that natural catastrophes and man-made disasters in 2012 caused economic losses of US$186 billion with approximately 14,000 lives lost. Large scale weather events in the U.S. pushed the total insured claims for the year to US$77 billion, which is the third most expensive year on record. This amount is still significantly lower than 2011, when record earthquakes and flooding in Asia Pacific caused historic insured losses of over US$126 billion, the highest ever recorded, according to Swiss Re. 

Weather-Related Events in the U.S. Dominated 2012 

This premium content is locked for
Insurance Coverage Law Center subscribers only.

Start a free trial to enjoy unlimited access to the single source of objective legal analysis, practical insights, and news for the insurance industry.

  • Access the most current expert analysis and daily developments across jurisdictions
  • Solve complex research issues with expert tools and intelligence
  • Tap into insurance coverage expert guidance

Already have an account?
For enterprise-wide or corporate access, please contact our Sales Department at 1-800-543-0874 or email [email protected].


Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.

Live Chat