While there’s a significant global gap between disaster-related insured and economic losses, the dichotomy between both presents a growth opportunity for P/C carriers, AIR Worldwide concluded in a new report. What the catastrophe modeling firm found: the global insured average annual loss comes in at $74 billion. The comparable figure for “economic” losses is more than four-times higher, at more than $307 billion. In between the two, the global average annual loss amount for “insurable” losses is $135.9 billion—nearly twice the insured total, according to AIR.