Fatal tornadoes: A manageable loss, but outsized disruption
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Fatal tornadoes: A manageable loss, but outsized disruption

Fiona Robertson
13 December 2021
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December 2021 tornado damage 2HA8M1B.jpg
Photo: Alamy Live News

Fatal tornadoes that tore through Kentucky and other Midwest states on the weekend will be a significant single-digit billion dollar insured loss at the least, but (re)insurance sources noted that the disaster will cause significant disruption regardless of where on the scale of past major tornado losses it settles.

Aon data puts the insured loss from top 10 historic twisters ranging from just under $3bn in 2020 dollars up to around the $8bn mark for the worst such events – including the 2011 Joplin tornado, last year’s derecho...

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Topics

News Claims and losses Catastrophe bonds
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