AIR pegs aggregate annual global cat loss at $106.3bn
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AIR pegs aggregate annual global cat loss at $106.3bn

Liz Bury
October 25, 2021
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AIR Worldwide has pegged global aggregate average nat cat losses at $106.3bn and cited the chance of a $200bn industry loss within the next 10 years at 40% or higher.

The firm’s latest Global Modelled Catastrophe Losses report showed the future potential rises in aggregate average losses (AALs), adding for the first time the 5% aggregate exceedance probability curve (EP) insured loss, or the 20-year return period loss, at...

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