First-half global insured losses totaled $20B, report says

07/24/2013 | PropertyCasualty360

Insured losses amounted to $20 billion worldwide from natural catastrophes during the first half of 2013, according to Aon Benfield's Impact Forecasting. "The costliest singular U.S. event, at $2.5 billion, resulted from a stretch of severe weather" in May that included the EF-5 tornado that hit Moore, Okla., Impact Forecasting said.

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