US convective storm activity drives global Q1 insured losses of $20bn: Gallagher Re

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Reinsurance News - Apr 17, 2024

Gallagher Re has estimated that global insured losses from natural catastrophes in Q1 of 2024 were $20 billion, heavily driven by severe convective storm (SCS) activity in the US. According to the global reinsurance broker’s Natural Catastrophe & Climate Report, from which all this informa...

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