The Southern Hemisphere registered its strongest tropical cyclone on record during February with Tropical Cyclone Winston, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. With maximum sustained winds of 295 kph (185 mph), Tropical Cyclone Winston made landfall …
January winter weather cost more than $4.0 billion of economic impact in the United States and Asia, according to Impact Forecasting, Aon Benfield’s catastrophe model development team, which evaluates the impact of natural disasters on a monthly basis. During the …
The massive blizzard that swept through the East Coast over the weekend may result in hundreds of millions of dollars in insured losses. The blizzard, unofficially named “Winter Storm Jonas” by the Weather Channel, brought a combination of freezing rain, …
Damage from two destructive Northern California wildfires that killed six and sent thousands fleeing their homes topped $1 billion in insured losses, according to a preliminary estimate by the state’s insurance department. The two fires started days apart in September, …
Massive blizzards that paralyzed much of the U.S. East Coast in the past few days are likely to cause “multi-billion” dollar economic losses in one of the worst storms in the region in over a century, reinsurance broker Aon Benfield …
Global natural disasters in 2015 caused a combined total insured loss of $35 billion – 31 percent below the 15-year average of $51 billion and the lowest annual insured loss total since 2009, said a report issued by Impact Forecasting, …
A recently released report shows that damage estimates from the natural disaster events that occurred in the United States in December 2015 will amount to more than $4 billion. Aon Benfield’s catastrophe model development team, Impact Forecasting, Global Catastrophe Recap …
Impact Forecasting, Aon Benfield’s catastrophe model development team, has issued the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of natural disaster events that occurred worldwide during November 2015. The report leads off with an …
Aon Benfield has appointed Russell Nevard as chief commercial officer of its Global ReSpecialty reinsurance division. He will join the business in April 2016. Based in London, Nevard will report to Robert Bisset, chief executive officer of Aon Benfield’s Global …
Global catastrophe losses in October are expected to top $10 billion, according to a report from Impact Forecasting, Aon Benfield’s catastrophe model development unit. A record 22 global tropical cyclones have now developed in the Northern Hemisphere during 2015, said …
