Insured losses up 25% in H1, driven largely by thunderstorms: Gallagher Re
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Insured losses up 25% in H1, driven largely by thunderstorms: Gallagher Re

The losses come ahead of an expected active Atlantic hurricane season.

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Chicago Lightning Storm SCS.jpg

The first half of 2024 saw above-average insured natural disaster losses driven in large part by US thunderstorms, according to Gallagher Re’s H1 2024 Natural Catastrophe and Climate Report.

The

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