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Volume 27, Issue 3

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January 23, 2014

Widening Gap Between Economic and Insured Cat Losses

The widening gap between economic losses and insured losses from natural catastrophes is our topic du jour.

Guy Carpenter’s GCCapitalIdeas.com just published this chart showing that approximately 70 percent of global economic losses from natural catastrophes were uninsured between 1980 and 2013:

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http://www.iii.org/insuranceindustryblog/?p=3525