Business
New Report: Average Annual Natural Catastrophe Losses for the Insurance Industry Reaches New High of $151 Billion
New Report: Average Annual Natural Catastrophe Losses for the Insurance Industry Reaches New High of $151 Billion Verisk’s Extreme Event Solutions business cites exposure growth, impacts from climate change and climate variability and an inc
Verisk’s Extreme Event Solutions business cites exposure growth, impacts from climate change and climate variability and an increasing frequency of catastrophe events as contributors to steady rise in anticipated costs
GlobeNewswire
September 03, 2024
BOSTON, MA, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, is newly reporting the average annual loss (AAL) from global natural catastrophes has reached a new high of $151 billion (with non-crop losses making up $119 billion).
