The rise of “secondary” perils
One of the notable factors of the industry’s 2020 natural catastrophe bill – estimated at $76bn by Swiss Re – is the extent to which it is driven by what are traditionally considered ‘secondary perils’.
One of the notable factors of the industry’s 2020 natural catastrophe bill – estimated at $76bn by Swiss Re – is the extent to which it is driven by what are traditionally considered ‘secondary perils’.