5 Principles for Navigating Complex Property/Casualty Claims June 16, 2016 By Jacob Parsons Property/casualty losses arising from construction defects, earthquakes, hurricanes, floods, fires, industrial accidents, tornadoes or any number of other perils can...
Global Disasters During May to Cost Insurers at Least $7B: Aon Report June 9, 2016 Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires,...
Tornado Hits Hamburg – Latest in Europe’s Destructive Summer Storms June 8, 2016 By Nicholas Brautlecht A tornado tore through the northeast of Hamburg on Tuesday evening, blowing off the roofs of several buildings, uprooting dozens...
Insured Losses from Australia’s Storms Rise to $41.6M June 8, 2016 The Insurance Council of Australia (ICA) has expanded the footprint of the latest insurance catastrophe to include the east coast...
Update: German Flood Claims Estimated at $1.1B, Says Fitch Ratings June 7, 2016 By Jan-Henrik Förster and Oliver Suess Insurers will face higher-than-expected claims related to floods in Germany, according to Fitch Ratings, dealing another blow to an industry...
Australia’s Storms Estimated to Cost Insurers $28 Million: Insurance Council June 6, 2016 The Insurance Council of Australia (ICA) has declared an insurance catastrophe after the storms that pounded the east coast of...
Insured Losses from French Floods May Total $682M: Industry Association AFA June 6, 2016 By Helene Fouquet Insurance executives meet with government officials in Paris Monday to assess the cost of flooding in the Centre and Ile-de-France...
PERILS Revises Loss Estimate for UK Floods from Storm Desmond to $861.4M June 3, 2016 The insured property loss estimate for floods that hit the UK from Dec. 4 to 24, 2015, following Storm Desmond...
Torrential Rain Triggers Floods in France; Seine Rises to Highest Level in 34 Years June 2, 2016 By Angeline Benoit and Rudy Ruitenberg Paris’s Seine River rose to its highest level in more than 34 years, disrupting train traffic and prompting the Louvre...
Update: Flash Floods Hit SE Germany, Killing at Least 8; AIR Worldwide Comments June 2, 2016 By Angeline Benoit and Oliver Suess Torrential rain, thunderstorms and flash floods that have inundated towns in southeastern Germany in recent days took the death toll...