AIR+05 Aug 2022

APAC incurs $7bn in estimated CAT claims for 1H2022

| 05 Aug 2022

Global insured losses ($39bn) from natural disaster events in 1H2022 were above the 21st Century average, up 18%, according to preliminary estimates from Aon's 'Global Catastrophe Recap'. The report said losses were driven by persistent severe convective storm activity, predominantly in the US and Europe. Aon expects further loss development in the coming months as the full industry impact from several large events are realized.

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