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
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
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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