SCS responsible for 70% of Q1-Q3 global insured losses: Aon
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

SCS responsible for 70% of Q1-Q3 global insured losses: Aon

Kyoung-son Song
19 October 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Aon logo catastrophe split screen.jpg

Severe convective storms (SCS) accounted for roughly 70% of global insured losses between January and September this year, compared to an average of 34%, according to Aon’s quarterly catastrophe report.

Global insured losses during the period totaled $88bn, which is higher than the Q1-Q3 annual average of global insured losses at $75bn, but lower than figures for 2020-2022, which surpassed the $100bn mark.

However,

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsClaims and losses
headshot template (22).png
Kyoung-son Song
Contact
Gift this article