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US storms cost insurers $2 billion

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Severe storms in the US last month left a $US2.3 billion ($3.08 billion) damage bill, including about $US1.5 billion ($2 billion) in insurance claims.

Convective storms hit the plains, midwest, southeast, mid-Atlantic and northeast regions, according to Impact Forecasting’s monthly catastrophe recap

Winter conditions in the Canadian provinces of Ontario and Quebec led to more than $US180 million ($241 million) of insured losses and an overall bill above $US360 million ($482 million), the Aon Benfield subsidiary says.

There were no major natural disasters in Australia last month.