Aon pegs European drought economic losses at EUR3bn
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Aon pegs European drought economic losses at EUR3bn

Rachel Dalton
15 July 2022
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CA: The Creek Fire

An ongoing spate of wildfires in southern and western Europe have already caused at least EUR3bn ($3bn) in economic damage in the agricultural sector, according to Aon, with hot, dry conditions expected to continue.

In its latest weekly cat report, the broker highlighted above-normal temperatures and lower precipitation than usual worsening drought conditions.

Wildfires

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