Impact Forecasting News

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 …

February Stoms Caused $1 Billion Insured Losses: Aon Benfield’s Cat Report

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

Aon Benfield’s Impact Forecasting Releases Updated European Windstorm Model

Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has launched its new European windstorm model. The model, which has been in development for the last three years, “offers an alternative view on this peak zone peril …

Aon Benfield’s Impact Forecasting Launches Netherlands Flood Model

Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has announced the launch of the “first probabilistic catastrophe model to understand the financial impact of flood damage in the Netherlands for property and motor.” The bulletin explained …

Aon Benfield’s Impact Forecasting Launches Algeria, Morocco Quake Models

Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, announced the launch of new Algeria and Morocco earthquake model to achieve more reliable estimates of the earthquake losses to insured properties in the two countries. “The models …

March’s Severe Weather Proved Deadly, Costly in U.S., Globally

March was a deadly and costly month in parts of the United States. A significant severe weather outbreak affected parts of the U.S. Midwest, the Tennessee Valley and the Southeast during the first week of March, killing at least 41 …