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Disaster losses hit $ 30 billion in the first six months of 2020



Global insured losses from natural disasters amounted to $ 30 billion in the first half of 2020, according to a report issued Wednesday by Aon PLC.

The estimate is down 21% from the ten-year average of $ 38 billion for the first-half losses, an increase of 8% from the average of $ 28 billion over the last 20 years and 54% higher than the $ 20 billion average since 1980.

The United States saw the largest share of losses at $ 21 billion; Europe, the Middle East and Africa had $ 4 billion in losses; The Asia-Pacific region saw $ 3 billion; and the Americas region, excluding the United States, $ 2 billion in losses, according to the report.

Nine loss events during the first half of 2020 ̵

1; all weather-related – hit $ 1 billion. Severe convective storms generated seven different billion-dollar events in the United States in March, April and May, while one occurred in Australia in January and Windstorm Ciara, also known as Sabine, hit much of Europe in February, the report said.

Economic losses from natural disasters amounted to $ 75 billion in the first half of 2020.


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