Insight and Intelligence on the London & International Insurance Markets 19 Feb 2018
Five US weather events top $1bn mark
- 19 July 2017
US weather events led insured losses from catastrophe events in the first half of 2017, as five separate storm outbreaks all produced more than $1bn of claims, Impact Forecasting reported.
Severe convective storms caused 78 percent of first-half catastrophe claims.
The Aon Benfield subsidiary put total insured cat losses for the period at $22.0bn, which was broadly in line with the $19.5bn reported by Munich Re's NatCat service.
The total came in 35 percent lower than the $34bn sustained in...
- If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership
- Login Free trial