NU Online News Service, March 8, 12:00 p.m. EST
February was a costly and deadly month around the globe with more than 800 deaths in Europe alone and economic losses totaling well over $1 billion, says a catastrophe recap report from Aon Benfield.
The reinsurance broker, a subsidiary of Chicago-based insurance broker Aon, says in the United States alone there were 15 deaths and hundreds of millions of dollars in damage from severe weather outbreaks in the Midwest, Southeast and Plains states.
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