Severe Weather Events Drive Global Insured Catastrophe Losses of $42B in H1 2021: Swiss Re

New Mexico high severity claims

A deep winter freeze, hailstorms and wildfires contributed to natural catastrophe losses of $40 billion in the first half of 2021, according to Swiss Re Institute’s preliminary sigma estimates.[1] This is above the previous ten-year average of $33 billion and the second highest on record for a first half after 2011, when major earthquakes in… Continue reading Severe Weather Events Drive Global Insured Catastrophe Losses of $42B in H1 2021: Swiss Re

Hailstorms Costing Colorado More as State Grows

Hailstorm on the road in a summer day

Despite the rash of storms that have hit the Front Range this summer, Colorado is not being pummeled by more hail than usual. And the size of hailstones that have fallen in the region is not unprecedented, according to weather experts. In a state where the population has shot up by 1.3 million people since… Continue reading Hailstorms Costing Colorado More as State Grows