Risk landscape to drive global premiums past $7tn by 2022: Swiss Re
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Risk landscape to drive global premiums past $7tn by 2022: Swiss Re

The surge in the frequency and severity of nat cat claims and cyber incidents is driving the need for insurance protection, which Swiss Re believes will push non-life insurance premiums to more than $7tn in 2022.

Swiss Re said that, if the figure were achieved, it would be the first time global premiums had exceeded $7tn.

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