Australia earthquakes cyclones News

Catastrophe risk modeling firm AIR Worldwide (AIR) announced the release of its updated Earthquake Model for Australia. These updates were prompted by findings in the National Seismic Hazard Model from Geoscience Australia (GA), which challenged established conceptions of Australia’s seismic …

Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, announced that it has successfully underwritten and placed a $250 million catastrophe bond issued by VenTerra Re Ltd, a Bermuda-based special purpose insurer. “VenTerra …