Secondary perils make up more than half of all insured losses from 2017 to 2019.
“While tropical cyclones often attract most focus given the high financial toll that landfalling events can incur, losses from ‘secondary’ perils cannot and should not be ignored.” – Aon Report 2020. More than half of insured losses have come from smaller secondary natural catastrophes, so breadth of risk preparation is as crucial as depth. Find…
