risk exposures News

Report Shows Increasing Concentrations of Insured Property Values in U.S.

Insured building values in the U.S. now exceed $40 trillion — including residential, commercial and industrial structures, according to a new report from catastrophe modeling firm Karen Clark & Co. When contents and time element exposures are added in, the …

Aon Benfield Launches Updated UK Terrorism Cat Model

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., announced that it has updated its UK terrorism catastrophe model, which now “estimates the financial loss to life insurers from potential terrorist events and helps to satisfy the …