Global Natural Catastrophe Insurance Losses Seen At $112 Billion For 2022

Global Natural Catastrophe Insurance Losses Seen At $112 Billion For 2022

LONDON (Reuters) – Global insurance losses for natural catastrophes are projected to reach $112 billion in 2022, reinsurance broker Guy Carpenter said on Friday, driven by the impact of Hurricane Ian which hit Florida earlier this year.

The projected losses do not include the impact of the most recent December natural catastrophes, Guy Carpenter said in a statement.

(Reporting by Carolyn Cohn; Editing by Andrew Heavens)