Insured Property Losses for December 2018 Sydney Hailstorms Rise to A$766M: PERILS June 20, 2019 Insured losses for the hailstorms, which hit the greater Sydney region on Dec. 20, 2018, have risen to A$766 million...
New South Wales Hailstorm Triggers Australia Catastrophe Declaration December 28, 2018 The Insurance Council of Australia (ICA) last week declared a catastrophe following storms that caused extensive hail and water damage...
Alternative Capital Responds to 2017 Catastrophes with ‘Show of Strength’: Aon Benfield January 11, 2018 By L.S. Howard Hurricanes Harvey, Irma and Maria represented the first real test of the staying power of the alternative capital sector, which...
Asia Floods Bring Economic Damages of More Than $10B in July: Aon Report August 9, 2017 The vast majority of global natural disasters during July were the result of severe flooding across the Asian region, bringing...
Turkey’s Insurers Gear Up for Spate of Claims After 2nd Major Storm in 10 Days July 28, 2017 By Tugce Ozsoy The Borsa Istanbul Insurance Sector Index dropped as much as 2.5 percent on Friday after a brief but ferocious storm...
Insured Losses from Central Alberta Storm Estimated at US$23.7M July 18, 2017 A severe storm that swept through central Alberta during the third week of June has resulted in more than C$30...
June Catastrophes Cost Global Economy $5 Billion; U.S. Storms Dominate: Aon July 10, 2017 Floods and storms cost the global economy more than $5 billion in June, with most of those losses generated in...
AIR Worldwide Launches Crop Hail Model for Canada June 26, 2017 Catastrophe risk modeling firm AIR Worldwide announced it has released a Crop Hail Model for Canada to provide crop insurers...
U.S. Storms in May to Cost Insurers $3B; Economic Costs Total $4B: Aon Report June 9, 2017 Total aggregated economic losses from severe weather in the U.S. during May was set to exceed US$4.0 billion, while public...
Weather Events in U.S., Australia Cost Insurers $1B+ in February: Aon March 9, 2017 Insurers face claims of more than US$1.0 billion as a result of severe weather events in the U.S. and Australia...