Swiss Re report reveals that disasters cost close to $100 billion in 2015

3rd April, 2016
Natural disasters such as last year’s Nepalese earthquake cost billions last year

Global economic losses from natural and man-made disasters cost $92 billion last year, down from $113 billion in 2014, according to a report published by Swiss reinsurer Swiss Re.

“Global insured losses from natural catastrophes and man-made disasters in 2015 were $37 billion, well-below the $62 billion average of the previous ten years.”

Swiss Re statement

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