Insurers face $1bn-plus bill for February cat losses

Hurricane Mathew

Five severe US weather events during February are set to land insurers with a bill of more than $1bn for the month, according to Aon Benfield’s Impact Forecasting. February closed with a series of 60 tornadoes that touched down in the midwest, southeast and mid-Atlantic, which are estimated to cause several hundred millions of dollars in claims. California recorded three…

Please register or login to view the full post