Elevated Severe Convective Storm Losses Reduced Protection Gap to 50 Percent, Aon 1H Global Catastrophe Report

80 percent of 1H global natural catastrophe claims related to U.S. events

LONDON, July 18, 2024 /CNW/ -- Aon plc (NYSE: AON), a leading global professional services firm, today published its Global Catastrophe Recap: First Half 2024 report, which cites a preliminary estimate of more than $117 billion in economic losses from global natural disasters during the first half (1H) of 2024. This figure was lower than the 21st-century 1H average of $137 billion, and significantly lower than the economic losses recorded in 1H 2023 ($226 billion).