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Disaster & Management

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Global insured Cat losses at $136 billion in 2017, third highest:Swiss Re  

-Total economic losses from natural and man-made disasters in 2017 are estimated to be USD 306 billion, up from USD 188 billion in 2016
– Global insured losses from catastrophes in 2017 are estimated· to be USD 136 billion, the third highest on sigma records
– US was hardest hit, including by hurricanes Harvey, Irma and· Maria, which have made 2017 the second costliest hurricane season on sigma records after 2005
-Disaster events claimed more than 11 000 victims in 2017·

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