US thunderstorm tops quiet H1 cat activity

Munich Re said that a US thunderstorm was the most costly insured
catastrophe loss for the first half of 2017, as total claims came
in well below average.
Insured natural catastrophe losses for the first six months
dropped 39 percent year-on-year to $19.5bn from $32bn in the same
period last year and against a $29bn 10-year average.
The most costly insured loss of the half-year was a $1.8bn US
thunderstorm that struck in early May, followed by Australian
cyclone Debbie...