Natural catastrophe review 2017
by Munich Re
Dear Sir or Madam,
Please find attached our current press release.
Details of contacts for further information can be found at the end.
• Insurance industry pays for losses from hurricanes and other natural catastrophes in 2017 expected US$ 135bn – higher than ever before
• Overall loss figure of US$ 330bn, for all types of natural disaster, was almost double the ten-year, inflation-adjusted average
• US losses dominate the statistics, in Europe losses from late frost in April caused billions in damage to farmers