US tornadoes could cost market $7bn

20-12-2021

US tornadoes could cost market $7bn

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The swathe of tornadoes and severe convective storms that tore across Kentucky and neighbouring states on 10/11 December could cause insured losses of up to $7 billion, according to early unattributed industry assessments.


Guy Carpenter, Fitch, KCC, Tornadoes, Catastrophe, Insurance, Reinsurance, North America

Intelligent Insurer