First half catastrophe losses 19% below 10-year average
Insured catastrophe losses for the first half of 2014 were $22bn and around 19% below the 10-year average of $27bn according to catastrophe modelers Impact Forecasting.
The $22bn of insured losses until the end of June 2014 compare to $27bn in the first half of 2013.
Data from Aon Benfield's Impact Forecasting also showed that economic losses from global natural
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