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Aon Benfield: February Winter Storms Cost U.S. Insurers Less Than Feared

Winter storms that delivered major snowfalls across the U.S. fueled P&C insurers cat-loss concerns in Februarybut the resulting level of claims proved to be modest, says Aon Benfield in its latest Global Catastrophe Recap.

By Mark E. Ruquet | Updated on March 08, 2013

Winter storms that delivered major snowfalls across the U.S. fueled P&C insurers’ cat-loss concerns in February—but the resulting level of claims proved to be modest, says Aon Benfield in its latest Global Catastrophe Recap.

Severe winter weather and flooding produced the largest global loss events, says Steve Jakubowski, president of Impact Forecasting, Aon Benfield’s catastrophe modeler, “with the United States being particularly impacted by a series of powerful winter storms.”

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