$300M In Insured Losses Reported From Thunderstorms In Western U.S.

 Friday, July 10, 2015

 Canadian Underwriter

Aon plc’s Impact Forecasting unit announced Wednesday the release of its Global Catastrophe Recap for June, suggesting five days of severe thunderstorms caused more than $450 million in economic losses in the Western United States, at a time when thunderstorms also caused at least $2 billion in economic losses in China and a heat wave in Pakistan killed more than 1,200. All figures are in United States dollars. "Seasonal monsoon rains led to widespread flood and landslide damage across Asia during the month of June," stated Impact Forecasting, a catastrophe modeling unit of London-based Aon.