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🚨ALERT! 🌪️ Insurers may face a whopping $145 BILLION in catastrophe losses this year, according to a new report by Swiss Re Institute! 💸 This massive estimate is driven by severe thunderstorms, floods, and wildfires, with the Los Angeles wildfires accounting for around $40 billion of those losses. 🔥
As the world continues to grapple with climate change, population growth, and urban sprawl, it’s no surprise that insured losses are on the rise. 🌊 But what does this mean for insurers and policyholders alike? 💰 Let’s dive in and explore the implications of these staggering catastrophe losses! 💪
Watch till the end to learn more about this critical issue affecting the insurance industry and global economy! 👉 #CatastropheLosses #InsuredLosses #SwissReInstitute #ClimateChange #NaturalDisasters
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🚨ALERT! 🌪️ Insurers may face a whopping $145 BILLION in catastrophe losses this year, according to a new report by Swiss Re Institute! 💸 This massive estimate is driven by severe thunderstorms, floods, and wildfires, with the Los Angeles wildfires accounting for around $40 billion of those losses. 🔥
As the world continues to grapple with climate change, population growth, and urban sprawl, it's no surprise that insured losses are on the rise. 🌊 But what does this mean for insurers and policyholders alike? 💰 Let's dive in and explore the implications of these staggering catastrophe losses! 💪
Watch till the end to learn more about this critical issue affecting the insurance industry and global economy! 👉 #CatastropheLosses #InsuredLosses #SwissReInstitute #ClimateChange #NaturalDisasters