Insured nat cat losses $39.5bn in 2016: Willis Re

Global insured natural catastrophe losses totalled $39.5bn in 2016,
the highest level since the $60bn of losses suffered by the
industry in 2012, according to Willis Re.
In a report the broker said the increased loss activity in 2016
contrasted with a trend for reduced nat cat losses between 2011 and
2015.
In this period annual insured natural catastrophe losses fell
from $120bn to $23bn.
The largest single insured loss of $4.48bn stemmed from the
Kumamoto earthquake in Japan in...