Costliest April for insurers since 2011: Aon Benfield
Five outbreaks of severe storms across the US last month are
expected to generate insured losses of more than $3.0bn, in what
Aon Benfield's Impact Forecasting unit said was the costliest
April for insurers since 2011.
In the company's Global Catastrophe Recap report, released
today (5 May), the broker noted that besides the US storm losses,
the Kumamoto earthquakes in Japan could cost insurers some 225bn
yen ($2.0bn).
In the US, tornadoes, winds and large hail damaged parts of the...
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