Exposure changes account for 80% of SCS-loss growth: Aon
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Exposure changes account for 80% of SCS-loss growth: Aon

Jai Singh
September 12, 2023
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Aon logo new storm cloud background.jpg

Losses from severe convective storms (SCS) could influence the outcomes of upcoming renewals on 1 January 2024, Aon has warned.

Data from the broker indicated that around 70% of global losses were driven by SCS, with events in the US causing $35bn of insured losses over H1.

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