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July US SCS Outbreak Could Be Among Costliest Severe Weather Events in US History, Says Aon

Summary by ReinsuranceNe.ws
The latest Aon Weekly Cat report warns that the substantial severe weather outbreak in July, which affected the Midwest and resulted in additional storms impacting the eastern US, could rank near or among the top 10 costliest severe weather events in US history. According to the broker, the outbreak will likely cause total economic and insured losses in the low-to-mid single-digit billions USD. The damage was caused by extensive wind, hail, and …

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Artemis.bm - The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Al broke the news on Friday, July 31, 2026.
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