Insured nat cat 2016 losses total $50bn: Munich Re

Earthquakes and powerful storms contributed to making 2016 the
worst year for insured losses since 2012, according to Munich
Re.
In a report released today, the reinsurance giant said that
insured losses for the year were $50bn worldwide, representing some
30 percent of the economic loss, which totalled $175bn.
Both overall and insured losses for 2016 exceeded the
inflation-adjusted 10-year average amounts, which were $154bn and
$45.1bn respectively.
After removing small occurrences, some 750 re