US severe weather causes ‘historic’ insurance losses in first half of 2023: BMS Re
Reinsurance News - Jul 11, 2023
According to BMS Re, a specialised reinsurance broker, in the first half of 2023, severe weather events wreaked havoc across multiple states in the US, leading to historic losses for the insurance industry. Texas, in particular, has suffered the most, with insurance losses exceeding $7.2 billion. Ot...
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