Aon Impact Forecasting News

Natural Disasters in September Bring Costliest Damages to Date for 2018: Aon Report

Hurricane, flood, and earthquake damages made September the costliest month for natural catastrophes in 2018, according to a report from Aon’s Impact Forecasting team. September is typically the busiest month for tropical cyclone activity around the globe – and 2018 …

Aon Loss Model Offers Insurers 7.5 Million U.S. Thunderstorm Scenarios

Aon Benfield’s catastrophe model development team, Impact Forecasting, has launched a U.S. severe thunderstorm (STS) scenario model that it says can help insurers more accurately estimate annual losses based on historical data. Severe thunderstorms can produce damaging winds in excess …

Insurance Costs for December Weather in U.S. Could Top $2 Billion: Aon

Total economic losses from the weather events in the U.S. during the month of December will exceed $4 billion, with insured losses likely to approach or exceed $2 billion, according to reinsurance intermediary Aon Benfield’s Impact Forecasting. The severe weather …