Insured losses in the U.S. for the first six months of the year totaled $8.2 billion, far below the past 15 years' average of $11.2 billion, according to Munich Re's “U.S. Natural Catastrophes – First Half of 2015” report.
The Eastern United States set a new record (in terms of original loss dollars) in winter storm damage, with $2.9 billion.
Across the country, severe thunderstorm events caused $5.1 billion in insured loss.
Below, additional findings from Munich Re's report. Click image to enlarge.
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Shawn Moynihan
Shawn Moynihan is Editor-in-Chief of National Underwriter Property & Casualty. A St. John’s University alum, Moynihan has earned 11 Jesse H. Neal Awards, the Pulitzers of the business press; seven Azbee Awards, from the American Society of Business Press Editors; two Folio Awards; and a SABEW award, from the Society of American Business Editors & Writers. Prior to joining ALM, he served as Managing Editor/Online Editor of journalism institution Editor & Publisher, the trade bible of the newspaper industry. Moynihan also has held editorial positions with AOL, Metro New York, and Newhouse Newspapers. He can be reached at [email protected].
