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International

Catastrophe insured losses until third quarter 2014 below 10-year average: PCS

October 16, 2014 Reprints

Property Claim Services has said in a recent report that below average frequency of catastrophic loss events and below average insurance industry losses were reported in the third quarter of this year, Artemis.bm reported.

Total insured losses for the first three quarters of 2014 reached $13.6 billion, 27% less than annual average of $18.7 billion.

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Catastrophe insured losses until third quarter 2014 below 10-year average: PCS

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