Severe convective storms account for 70% of all insured nat cat losses in H1: Swiss Re

Published on August 9, 2023
A series of severe convective storms struck the US and accounted for 68% of global insured natural catastrophe losses in the first half of 2023,
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Severe thunderstorms now a dominant driver of global insured losses: Swiss Re

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Globally, the severe convective storm (SCS) peril caused insurance and reinsurance industry losses of $35 billion in the first half of 2023, the large

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