US severe weather to cause insured losses of up to $9.5bn in Q1: BMS Re

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Reinsurance News - Apr 11, 2023

According to BMS Re, a specialised reinsurance broker, and available industry data, it is estimated that the insured losses caused by severe weather events such as hail, tornadoes, and thunderstorm wind gusts in the US during the first-quarter amount to a range of $7 billion to $9.5 billion. “...

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