Nature
January 18, 2024

Record thunderstorm losses and deadly earthquakes: the natural disasters of 2023

Worldwide, natural disasters in 2023 resulted in losses of around US$ 250bn (previous year US$ 250bn), with insured losses of US$ 95bn (previous year US$ 125bn). Source: Munich Re

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POSTED BY

Bilal Jarjour

Nature
September 19, 2023

Egypt’s insurance federation chief estimates Morocco quake to cost insurers US$300m

The amount of compensation that insurance companies would pay in Morocco due to the large losses caused by the 8 September 6.8-magnitude quake that struck in the High Atlas Mountains, is expected to reach $300m, according to Mr Alaa El-Zoheiry, Chairman of the Insurance Federation of Egypt. Source: Middle East Insurance Review

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POSTED BY

arabre

Nature
June 2, 2022

Natural Disasters Cost Global Economy $32B in Q1

Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon Wednesday, 04 20 2022, Category: Nature, Country: World  Preliminary economic losses from natural hazards during the first quarter of 2022 totaled $32 billion, of which less than 50% (or $14 billion), was covered by public and private insurers, according to a report…

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POSTED BY

Bilal Jarjour