Global insured flood losses double to $80bn during 2011-2020: Swiss Re
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Global insured flood losses double to $80bn during 2011-2020: Swiss Re

Rachel Dalton
September 01, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
flood2-stock.jpg

Global insured flood losses in the decade from 2011 to 2020 were $80bn, double those of the prior 10 years, with losses in 2021 alone reaching $20bn, according to Swiss Re.

The carrier’s latest research said economic growth, a larger population and urbanisation have been the main drivers of losses during the past 20 years.

Climate

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsMajor lossesPropertySwiss Re
rachel dalton 2024 ii us 2.png
Rachel Dalton
Lead Reporter
Contact
Gift this article