Reinsurance


Review of natural catastrophes in 2014: Lower losses from weather extremes and earthquakes ~Munich Re

The year at a glance Overall losses from natural catastrophes totalled US$ 110bn (previous year US$ 140bn), of which roughly US$ 31bn (previous year US$ 39bn) was insured. The loss amounts were well below the inflation-adjusted average values of the past ten years (overall losses: US$ 190bn, insured losses: US$ 58bn), and also below the…