Flooding and inland storms led to multi-billion-dollar economic loss in western and southern Europe during November, according to insurance broker Aon’s latest edition of its monthly Global Catastrophe Recap report. Italy suffered the majority of losses as an active stretch …
Insured losses from global natural disasters during the six-month period ending June 30, 2014 reached $22 billion. That compares to $27 billion in the first half of 2013 and is approximately 19 percent below the 10-year average of $27 billion, …
Severe weather in May caused an estimated $4 billion in insured damage in the U.S. alone and billions more in economic losses around the globe, according to an Aon Benfield report. The Global Catastrophe Recap by Aon Benfield’s catastrophe modeling …
In its latest monthly Global Catastrophe Recap report Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, focuses on the torrential monsoonal rains, which caused severe flooding throughout the Indonesian capital of Jakarta, killing at least 41 …
In its latest Global Catastrophe Recap report Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, focuses on Super Typhoon Bopha, which killed 1,901 people and injured 2,666 others after making landfall on the southern Philippine island …
