natural catastophes News

U.S. Insured Losses from Hurricane Isaac Could Reach $2B: AIR

August 31, 2012

Catastrophe modeling firm AIR Worldwide estimates that insured losses from Hurricane Isaac to onshore properties in the U.S. will be between $700 million and $2 billion. AIR estimates include wind and storm surge damage to onshore residential, commercial and industrial …

6 Month Insured Losses at $12 Billion; Nat Cats Less Costly: Munich Re

July 13, 2012

Natural catastrophe losses were “relatively moderate” in the first six months of 2012, concludes Munich Re’s assessment for the first six months of the year. Overall global losses up to the end of June were in the order of $26 …