Insured losses reached $54bn in 2016: Aon Benfield

Global insured losses climbed to $54bn in 2016 as the industry
suffered its sixth worst loss year of all time, according to Aon
Benfield.
In its Annual Global Climate and Catastrophe Report for 2016 the
broker said last year was just the ninth time insured losses had
surpassed $50bn and was the highest level in four years.
The costliest single catastrophe losses stemmed from the April
earthquake in Japan, which caused insured losses of $5.5bn.
The April earthquake in Ecuador,...