Gallagher Re: SCS events drive $22bn Q1 nat cat losses 38% higher than decadal average

Gallagher Re has estimated first quarter total economic losses worldwide for all natural hazards at $77bn – the highest Q1 total since 2011 – with public and private insurance entities covering at least $22bn of that total, including $10bn from severe convective storms (SCS).


Want to read this article?


For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Spencer Halladey

Commercial director

+44 (0) 7450 000929

    Andy Stone

    Sales manager

    +44 (0) 7834 843176