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Insurance Journal: $584 billion at risk from catastrophic events in 2020 according to Cambridge study

A report by the Centre for Risk Studies is quoted in the article. The report looked at the impact of catastrophic events on global GDP and found that “roughly $584 billion could be wiped from the global economy from such events in 2020”, which represents a three per cent increase over last year. The report also identified the top three types of catastrophe events for 2020: natural disasters, financial crash, and geopolitical security issues.

Read the full article [insurancejournal.com]