‘Heat Dome’ Scorching Temperatures Headed to Other States June 28, 2023 By Jake Bleiberg and Ken Miller Scorching temperatures brought on by a “heat dome” have taxed the Texas power grid and threaten to bring record highs...
Markets/Coverages: Resolute Global Partners Launches New Type of Reinsurance Contract April 18, 2023 Resolute Global Partners, an investment adviser specializing in insurance and reinsurance, announced the launch of “Footprint,” a new type of...
Global Insured Losses Estimated at $15B in Q1, With Economic Price Tag of $63B: Aon April 17, 2023 Private and public insurance entities saw an estimated $15 billion of global losses during the first quarter – close to...
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...
Natural Disasters Cost Insurers $39B During H1 2022, 18% More Than Average: Aon July 27, 2022 Insured losses from global natural disaster events were estimated at $39 billion during the first half of 2022, 18% higher...
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%...
March U.S. Tornado Activity Likely to Set Record April 6, 2022 By Chad Hemenway It appears there were more tornadoes across the U.S. this year in the month of March than ever before –...
Thunderstorms Just as Costly to Insurers as Hurricanes: Study March 22, 2017 Risk to U.S. property from thunderstorms is as high as from hurricanes, according to new research finding that for the...
2014 Insured Cat Losses below Average at $35 Bn: Swiss Re Sigma Report March 25, 2015 Swiss Re has just released its sigma report on catastrophe losses for 2014, which confirms that total global economic losses...