Seasonal Monsoon Floods Inflict $20 Billion Economic Toll Across Parts of Asia in July: Aon Report

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Park Place Technologies Introduces ParkView Business Unit… Aug 11, 2020 Tropical Storm Fay, the earliest sixth-named “F” storm on record in the Atlantic Ocean, killed six people after making landfall in the United States along the New Jersey coast, north of Atlantic City , on July 10 with maximum sustained winds of 50 mph (85 kph). Total economic losses were estimated at $350 million , with public and private insurers covering roughly one-third of the damage cost. Michal Lörinc , catastrophe analyst on the Impact Forecasting team at Aon, said, “Despite a record early start to the Atlantic Hurricane Season,...