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Winter storms caused $2.1 billion in insured losses in 2019, compared with about $3 billion in 2018, according to Munich Re. Winter storms include winter damage and blizzards.
(2019 $ billions)
Source: © 2020 Munich Re, Geo Risks Research, NatCatSERVICE. As of June 2020.
(2019 $ billions)
Source: © 2020 Munich Re, Geo Risks Research, NatCatSERVICE. As of June 2020.
($ millions)
|
(1) Costliest U.S. blizzards and winter storms/damages based on insured losses when occurred, as of June 2020.
(2) Based on property losses including, if applicable, agricultural, offshore, marine, aviation and National Flood Insurance Program losses in the United States and may differ from data shown elsewhere.
(3) Adjusted for inflation through 2019 by the Insurance Information Institute using the Bureau of Labor Statistics Inflation Calculator.
NA=Data not available.
Source: © 2020 Munich Re, NatCatSERVICE, U.S. Bureau of Labor Statistics, Insurance Information Insitute.