Swiss Re: 2017 worst ever year for cat losses

Global insured losses from catastrophes reached $144bn in 2017,
the highest-ever recorded in a single year, according to Swiss
Re's latest Sigma report.
The total is a 6 percent increase on the December estimate of
$136bn,which had not incorporated that month's Californian wildfire
events.It is also significantly more than the previous ten-year average
figure of $58bn, and 2016's figure of $56bn.
Hurricanes Harvey, Irma and Maria (HIM) accounted for $92bn in
insured losses, making 2017 the secon