Texas storms estimated at $1bn+ in insured losses: Gallagher Re
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Texas storms estimated at $1bn+ in insured losses: Gallagher Re

The storm is expected to be the second billion-dollar SCS loss event this month.

By Danielle Ling
May 22, 2024
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Austin Texas Windstorm Twia.jpg

Total economic and insured losses from the thunderstorm complex that hit eastern Texas on 16-17 May are each expected to exceed $1bn, according to an event commentary from Gallagher Re.

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