NU Online News Service, July 8, 2:36 p.m. EDT
Catastrophe losses in June cost U.S. insurers at least a quarter billion dollars, and China suffered more than $5 billion in economic loss.
In its Monthly Catastrophe Recap Report, Aon Benfield says that during the period of June 1-10, insurers in the United States received more than 45,000 claims from severe weather outbreaks, primarily in the Midwest, but also in the Northeast, paying out approximately $250 million to insureds.
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