Allianz Sponsors Catastrophe Bond for European Windstorm Risks December 20, 2023 Allianz has sponsored a new catastrophe bond which will provide the group with multi-year risk transfer capacity of €250 million...
Insured Losses from Winter Storm Ciarán Range From €800M to €1.3B: Verisk November 9, 2023 Industry insured losses due to wind from Winter Storm Ciarán (also named Emir by the Free University of Berlin) will...
Storm Ciarán Batters UK and Europe With Punishing Winds and Heavy Rainfall November 2, 2023 By Todd Gillespie, Katharina Rosskopf and Anna Shiryaevskaya Storm Ciarán plowed through northwest Europe, tearing the roofs off some buildings, snarling transport networks and cutting power to more...
Western Europe Braces for Worst Storm of Season With Hurricane-Strength Wind Gusts October 31, 2023 By Anna Shiryaevskaya and Brian K. Sullivan Western Europe is bracing for the worst storm so far this season with hurricane-strength wind gusts and rain potentially disrupting...
Aon Updates Europe Windstorm, Severe Convective Storm Models March 13, 2023 Aon plc, a leading global professional services firm, updated its Impact Forecasting Europe Windstorm and Severe Convective Storm (SCS) catastrophe...
Hurricane Ian Drives Global Insured Losses of $115B From Natural Disasters: Swiss Re December 1, 2022 By L.S. Howard Hurricane Ian and other natural catastrophes, such as European winter storms, floods in Australia and hailstorms in France and the...
Europe, U.S. East Coast Likely to Avoid Unusually Cold Winter: Climate Model October 14, 2022 By Brian K. Sullivan and Jonathan Tirone Europeans and people living on the US East Coast are more likely to experience mild temperatures than a deep freeze...
Insured Losses From February’s European Windstorms Estimated at €3.7B: PERILS August 19, 2022 Insured losses for the European windstorm series, which affected the British Isles and continental Europe in February 2022, are estimated...
Climate Change Exacerbates Extreme Weather in Europe: Report April 25, 2022 By John Ainger Climate change produced another record-breaking year of extreme weather in Europe in 2021, triggering catastrophic flooding and the hottest summer...
Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon April 18, 2022 By L.S. Howard Preliminary economic losses from natural hazards billion during the first quarter of 2022 totaled $32, of which less than 50%...