Q2’s US nat cat tally the worst for over 30 years
With a third of the quarter left to run, (re)insurers are looking at a Q2 industry loss range of around $11bn-$13bn from the devastating tornadoes that swept across the central and southern US in April and May.
Even excluding Mississippi flood losses, this would equate to the worst US second quarter natural catastrophe tally for at least 30 years.
The latest major storm ripped through the city of Joplin, Missouri on 21 May, costing an estimated $1bn-$3bn, according to modelling...
You are currently viewing an incomplete version of this article. If you are a subscriber then please login now. If you are a non-subscriber but would like to be able to view this article, then please select from the purchasing options below.
Purchase
Follow us:
