Aon analysis shows 24% of H1 losses covered by insurance

globe-catastrophes

The $20bn (£13bn) total of insured losses for the first six months of the year was approximately 20% below the 10-year average of $25bn (£16.3bn), according to Aon Benfield’s Impact Forecasting centre.

Around 24% of global economic losses during the first half of 2013 period were covered by insurance, a figure slightly below the 10-year average of 28%, and due to multiple significant catastrophe

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Sobering reading for those with a Biba hangover

Editor’s View: If you are nursing a hangover after going to this year’s British Insurance Brokers’ Association conference then Emma Ann Hughes reckons you missed the point of attending the annual gathering in Manchester.