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International

$100 million in economic losses from Middle East winter storm: Aon Benfield

February 09, 2015 Reprints

A recent report by Aon Benfield Group Inc.'s Impact Forecasting unit said the recent winter storm that hit nations in the Middle East caused $100 million in economic losses, reports Middle East Insurance Review.

The storm – characterized by rain, hail and snows – hit roads and airports and also led to many ports being closed.

Many banks and shops were shut in Lebanon during the storm.

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$100 million in economic losses from Middle East winter storm: Aon Benfield

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