Catastrophes' insurance tab totals nearly $600 million in Mexico
Posted On: Jun. 19, 2019 7:49 AM CSTMexican insurers' association said that natural disasters caused $594 million in insured losses in 2018 with tropical storms and floods accounting for 40% of the damage, BNamericas reported. The association said that Mexico's water regulator expects 33 tropical cyclones to make landfall or come close to the country this year.