Friday, April 24, 2026

Non-peak perils dominate 2024 as international insured losses surpass $100 billion – Gallagher Re

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Regionally, the US accounted for $128 billion, or 46%, of worldwide financial catastrophe prices. Based on Gallagher Re, these losses had been pushed by SCS, tropical cyclones, floods, and droughts, with additional loss developments anticipated later within the yr. Asia recorded $73 billion, or 26%, of financial catastrophe prices, which was decrease than common.



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