{"id":1761018,"date":"2022-12-03T06:01:03","date_gmt":"2022-12-03T11:01:03","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1761018"},"modified":"2022-12-03T11:49:26","modified_gmt":"2022-12-03T16:49:26","slug":"disasters-caused-total-of-122-billion-in-insured-losses-in-2022-swiss-re","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/disasters-caused-total-of-122-billion-in-insured-losses-in-2022-swiss-re\/","title":{"rendered":"Disasters Caused Total of $122 Billion in Insured Losses in 2022: Swiss Re"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fdisasters-caused-total-of-122-billion-in-insured-losses-in-2022-swiss-re%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1761018&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>ZURICH\u2014<a href=\"https:\/\/www.theepochtimes.com\/t-hurricane\">Hurricane<\/a> <a href=\"https:\/\/www.theepochtimes.com\/t-ian\">Ian<\/a> and other natural catastrophes have caused an estimated $115 billion of insured losses so far this year, well above the 10-year average of $81 billion, Swiss Re estimated on Thursday.<\/p>\n<p>Natural and man-made disasters did economic damage of $268 billion, of which $122 billion was covered by <a href=\"https:\/\/www.theepochtimes.com\/t-insurance\">insurance<\/a>, making 2022 one of the most expensive yet for the sector, it said.<\/p>\n<p>Ian, a category-4 hurricane which struck Florida in September, was the single largest loss-causing event of the year to date, with an estimated insured loss of $50\u201365 billion. That would put it second only to Hurricane Katrina in 2005.<\/p>\n<p>Swiss Re said that 2022 was the second consecutive year in which estimated insured losses surpassed $100 billion, in line with a 5\u20137 percent average annual increase over the past decade.<\/p>\n<p>Secondary perils such as floods and hailstorms caused more than $50 billion in insured losses, it said.<\/p>\n<p>Widespread flooding in Australia after torrential rains in February and March caused an estimated $4 billion in damage in the country\u2019s costliest-ever natural catastrophe.<\/p>\n<p>France suffered the most severe series of hailstorms ever observed, with insured losses reaching an estimated 5 billion euros ($5.2 billion).<\/p>\n<p>Swiss Re estimated that more than 11,000 people have died in natural and man-made disasters so far this year, excluding the death toll from heat waves in Europe.<\/p>\n<p>Munich Re is due to release its annual catastrophe report in January.<\/p>\n<p>($1 = 0.9626 euros)<\/p>\n<div class=\"author_wrapper\">\n<div class=\"one_author_block round\">\n<div class=\"top_row\">\n\t\t\t\t\t<a href=\"https:\/\/www.theepochtimes.com\/author-reuters\"><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/10\/reuters-logo-.jpg\" alt=\"Reuters\" \/><\/a><\/p>\n<p>Follow<\/p>\n<\/div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>ZURICH\u2014Hurricane Ian and other natural catastrophes have caused an estimated $115 billion of insured losses so far this year, well above the 10-year average of $81 billion, Swiss Re estimated<\/p>\n","protected":false},"author":1,"featured_media":1695410,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[],"class_list":["post-1761018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1761018","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1761018"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1761018\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1695410"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1761018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1761018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1761018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}