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A report by Aon PLC’s Impact Forecasting division showed that global insured losses stemming from natural catastrophes already reached $99 billion by the end of third quarter, and they are likely to surpass $100 billion this year, Artemis reported. Meanwhile, the economic losses from natural catastrophes and severe weather events have reached an estimated $227 billion so far this year, including Hurricane Ian damages.
1. Turkish airlines cancel flights to Iran and Iraq amid war concerns
3. Zurich Insurance to stop underwriting new oil and gas projects
4. Bermudan, European reinsurers to suffer major hit from bridge collapse
5. Tycoon gets death sentence for multi-billion-dollar fraud
6. Inflation drives 10% increase in sum insured for windstorms