TITLE

Cat Losses Already Surpass Last Year

AUTHOR(S)
Hemenway, Chad
PUB. DATE
August 2008
SOURCE
Best's Review;Aug2008, Vol. 109 Issue 4, p14
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article expounds on the detrimental impact of the calamities, including tornadoes, floods and wildfires, during the first half of 2008 in the U.S. According to Carl Hedde, head of risk accumulation for Munich Re America, an unprecedented number of tornadoes, floods in the Midwest and wildfires in California, causes an insured losses of about $8.9 billion. Severe thunderstorms and tornadoes also caused an insured losses of about $8.14 billion through the end of June 2008.
ACCESSION #
33985943

 

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