US severe storm damages approach $20bn for 15th consecutive year: Aon

24 June 2022

Severe thunderstorm lowering cloud threatens tornado

Economic losses from severe convective storms (SCS) in the US reached $17bn by mid-June, according to Aon research.

In its latest weekly cat report, the intermediary noted that, in each of the past 15 years, SCS economic losses have surpassed the $20bn mark.

Aon

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News Losses Aon

Rachel Dalton

Lead Reporter