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Member, Beacon International Group, Ltd.
Aon Benfield has said in a new report that insured losses from natural disasters and catastrophe events in the first half of 2015 "were below normal from the recent ten-year average for the third consecutive year," Artemis.bm reported.
Insurance and reinsurance sector losses hit almost $14 billion, about 58% below the recent average of $33 billion, the report said. "The most noteworthy industry loss events were European windstorms across Western and Northern Europe," said Aon Benfield. These storms caused nearly $1.4 billion in losses during the first half of 2015.