Total aggregated economic losses from severe weather in the U.S. during May was set to exceed US$4.0 billion, while public and private insurers face a combined payout approaching an estimated US$3.0 billion, according to Impact Forecasting, Aon Benfield’s catastrophe model …
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U.S. Storms in May to Cost Insurers $3B; Economic Costs Total $4B: Aon Report was originally posted by
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