In its latest report Impact Forecasting, Aon Benfield’s catastrophe model development team states: “Global natural disaster losses during the first half of 2015, from both an economic and insured loss perspective, were each below the 10-year (2005-2014) average. “Preliminary data …
According to preliminary sigma estimates from Swiss Re, “total economic losses from natural catastrophes and man-made disasters were $56 billion in the first half of 2013. The global insurance industry covered $20 billion of the total losses, of which $17 …
Zurich Insurance Group announced a CHF 21 million [$22.18 million] five-year alliance with the International Federation of Red Cross and Red Crescent Societies (IFRC). Zurich said its five-year commitment would serve as the foundation of its “global flood resilience program, …
