Search
 

Thunderstorms Top First-Half Catastrophes

Severe thunderstorms are responsible for causing more than $6 billion dollars in insured damages for the first six months of 2009, making it the leading cause for insurance losses so far in what has been called a moderate year for natural disasters.

By Eric Gilkey | Updated on July 27, 2009

Severe thunderstorms are responsible for causing more than $6 billion dollars in insured damages for the first six months of 2009, making it the leading cause for insurance losses so far in what has been called a moderate year for natural disasters.

These figures and others were discussed during a web seminar hosted by Munich Re entitled, “First-Half 2009 Natural Catastrophe Update.” Speakers for the event included Carl Hedde, head of risk accumulation for Munich Re America; Prof. Dr. Peter H?ppe, head of geo risks research/corporate climate center for Munich Re; and Dr. Robert Hartwig, president of the Insurance Information Institute (I.I.I.).

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.