Impact Forecasting News

Aon Benfield Launches Canada Flood Model to Help Manage Exposures

Impact Forecasting, Aon Benfield’s catastrophe model development team, has developed a fully probabilistic flood model for Canada to help insurers and reinsurers better underwrite and manage their riverine and off-flood plain exposures. The model was developed in response to devastating …

Windstorm Niklas Was Costliest Non-U.S. Event in Q1 2015: Impact Forecasting

Impact Forecasting, Aon Benfield’s catastrophe model development team, released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster events that occurred worldwide during March 2015. The report reveals that Windstorms Mike and Niklas swept …

Aon Benfield’s Impact Forecasting Launches New Blast Model for Terrorist Attacks

Impact Forecasting, Aon Benfield’s catastrophe model development team, is applying a new blast engineering approach to provide a more realistic understanding of the potential range of losses from a terrorist attack. The announcement explained that Impact Forecasting’s terrorism risk experts …

Aon Benfield Cat Report Focuses on U.S. Snow/Ice and $1 Billion+ Losses

Impact Forecasting, Aon Benfield’s catastrophe model development team, has released the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during February 2015. Topping the list are the …

Aon Benfield/Impact Forecasting Jan. Cat Report Highlights Winter Storms

The latest edition of Impact Forecasting, Aon Benfield’s catastrophe model development team’s, Global Catastrophe Recap report, evaluates the impact of the natural disaster events that occurred worldwide during January 2015. The report notes that several regions of Western Europe were …

Lowest Insured Losses since 2009: Impact Forecasting Climate and Cat Report

Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its Annual Global Climate and Catastrophe Report, which evaluates the impact of the natural disaster events that occurred worldwide during 2014. The report concludes that 258 separate global natural disasters …

Impact Forecasting: Costs of Tropical Cyclones Up for Non-U.S. Exposures

Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during October 2014. During the month, Cyclone Hudhud …

Aon Benfield Launches Arabian Earthquake Model

Impact Forecasting, Aon Benfield’s catastrophe model development unit, launched a catastrophe model to estimate the financial impact of earthquakes in the Arabian Peninsula. The demand for catastrophe modeling in the countries of Gulf Cooperation Council (GCC) is increasing as a …

Aon Benfield June Global, U.S. Cat Report: Thunderstorms, Hail, Floods

The Global Catastrophe Recap report for June from Aon Benfield’s Impact Forecasting highlights the outbreak of severe thunderstorms that affected Western and Central Europe during the first half of the month, causing significant hail damage in parts of Germany, France …

Aon Benfield May Cat Report Highlights ‘Severe Weather’ in the U.S.

Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during May 2014. The report reveals that …