Convective storm activity pushes cat losses to $58bn in H1: Aon
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Convective storm activity pushes cat losses to $58bn in H1: Aon

The figure is well above the historical average of $39bn for this century.

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lightning storm catastrophe.jpg

Global insured catastrophe losses during the first half of 2024 came in at $58bn, with severe convective storm (SCS) activity continuing to push losses ahead of historical trends, according to a report from Aon.

The

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