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International

Inflation drives 10% increase in sum insured for windstorms

April 15, 2024 Reprints

According to Swiss catastrophe data provider Perils AG’s latest industry exposure database, inflation caused the sums insured for European windstorms increase by over 10% year-on-year, Artemis reported. The database includes detailed sums insured exposed to natural perils of $111 trillion of property assets, up from $100 trillion in 2023.

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Inflation drives 10% increase in sum insured for windstorms

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