Global insured losses related to secondary risks 1990-2020
The value of insured losses related to secondary risks worldwide fluctuated between 1990 and 2020. Global insured losses related to secondary risks stood at only eight billion U.S. dollars at the beginning of the time period under observation, and grew significantly to reach over 55 billion U.S. dollars by 2020. Global insured losses from secondary risks peaked in 2011, when a value of 70 billion U.S. dollars was recorded.