Insured losses from March 10-12 US SCS outbreak to land in the billions of dollars: Gallagher Re

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Reinsurance News - Mar 13, 2026

Initial insured loss estimates suggest that losses from the March 10-12 US severe convective storm (SCS) outbreak will land in the low to mid-single-digit billions of dollars, with total economic losses poised to be 20-25% higher, according to reinsurance broker Gallagher Re. The March 10-12 SCS out...

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