Italian convective storms largest non-US cat loss in Q3 at $2.2bn: Cresta
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Italian convective storms largest non-US cat loss in Q3 at $2.2bn: Cresta

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The severe convective storms that ripped through northern Italy in July resulted in the largest non-US cat loss of the third quarter, inflicting claims of $2.2bn, according to Cresta.

The storms brought damaging hail and wind to regions including Lombardy, Veneto, Friuli-Venezia-Giulia, Piemonte and Emilia-Romagna, in the latest incidence of severe convective storms delivering heavy losses to the market.

The

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