Aon estimates winter weather economic loss to exceed $10bn+
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Aon estimates winter weather economic loss to exceed $10bn+

Bernard Goyder
11 March 2021
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Aon houston texas snow.jpg

Aon has said it expects the economic cost of physical damage and business interruption caused by the polar vortex-linked cold snap to “well exceed $10bn”, in an Impact Forecasting report released on Thursday.

The winter weather generated record-breaking cold temperatures as far south as the Mexican border, while snow fall, ice and severe thunderstorms caused damage across the US, most seriously in Texas where pipe bursts are expected to cause billions of...

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News Claims and losses Catastrophe losses Aon Business interruption
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