Thunderstorms in the U.S. were responsible for three of the world's five costliest loss events in the first half of the year, each causing economic losses over $2 billion.
The total economic loss from these storms amounted to $18.5 billion, of which $13.5 billion was insured.
Overall losses totaled at $41 billion, while insured losses totaled $19.5 billion.
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Denny Jacob
Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].
