Carriers aren’t as prepared as they should be for SCS events: Bowen
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Carriers aren’t as prepared as they should be for SCS events: Bowen

Abbie Day
September 27, 2023
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Insurers are not as prepared as they should be for severe convective storm (SCS) events, according to Steve Bowen, chief science officer at Gallagher Re.

In a post on LinkedIn, Bowen said 2023 has officially crossed the $50bn insured loss threshold for US SCS activity, warning that it will keep rising.

This

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