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19 June 2013

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US June storms to cost insurers over $1.9bn

10 July 2012

Severe weather events in the US last month look set to cost insurers over $1.9bn, Aon Benfield's Impact Forecasting unit said in a monthly report, citing a variety of sources.

These losses are on top of claims from wildfire outbreaks in Colorado, which Impact Forecasting did not issue an estimate for.

The biggest single loss event was a system of thunderstorms that hit Texas and New Mexico between 11 and 13 June. Impact Forecasting said that the Insurance Council of...


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