News - Asia hard-hit by catastrophes in 2010: Swiss Re

May 2011
Asia Insurance Review;May2011, p31
Trade Publication
The article offers information on a study conducted by Swiss Reinsurance Co. Ltd. on economic losses due to natural and man-made catastrophes in 2010. It states that total loss was 218 billion dollar as compared to 68 billion dollars in 2009. It reports that the most expensive insured event was Chile earthquake which costed the insurance company 8 billion dollars. Balz Grollimund, one of the study's authors highlights that number of fatalities and insured losses from earthquake are increasing.


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