After a series of severe-weather events—especially tornadoes—in the U.S. in April, global insured losses for the month are close to $1 billion, says Aon Benfield.
The reinsurance intermediary of Aon assesses the month's events in its Global Catastrophe Report, published by Impact Forecasting. Aon Benfield says insurers have received more than 105,000 claims and already paid out more than $650 million.
Leading the most significant events for April 2012 was an outbreak of tornadoes in the Dallas-Fort Worth area during the month's first few days. Less than two weeks later, another severe-weather outbreak spawned 94 tornadoes in the Central Plains, with Kansas, Iowa and Oklahoma getting the worst of it.
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