Gallagher Re Taps Aon’s Bowen as Chief Science Officer; Aon Names Jursa CEO of Commercial Risk, Czech Republic; Gridel Joins Howden M&A to Lead Europe Biz Devel September 19, 2022 This edition of International People Moves details appointments at Gallagher Re, Aon and Howden M&A. A summary of these new...
German, Chinese Insurers Face Record Disaster Claims as Extreme Weather Intensifies August 12, 2021 Extreme precipitation in mid-July resulted in the costliest flooding events on record for German and Chinese insurers, which face potential...
May’s Global Disasters Include Hailstorms, Floods, Cyclones, Quakes, Volcanic Eruption June 11, 2021 U.S. insurers face a multi-billion-dollar payout from May’s convective storms, which spawned extensive hail, tornado, wind and flood damage across...
U.S. Hailstorms that Cost Insurers Billions – and Other April Natural Disasters: Aon May 12, 2021 Insurers face multi-billion-dollar losses from U.S. hailstorms during April, according to Aon’s Global Catastrophe Recap report, which each month analyzes...
A U.S. Storm that Will Break Insurance Records – and Other February Storms, Quakes March 15, 2021 February saw a spate of winter storms in the United States, including the period from Feb. 12-20, which will become...
U.S. Storms, Global Floods, Bushfires Cause Economic Damages of $3B-Plus in January February 11, 2020 U.S. storms, Australian bushfires and hailstorms, and floods in various countries across the globe caused more than $3 billion in...
Natural Disasters in Past Decade Broke Records for Economic, Insured Losses: Aon January 22, 2020 The past decade broke new records in terms of economic damages and insured losses, according to Aon’s latest catastrophe report....
First Half Natural Disasters Cost Insurers $20B, Down 26% from 18-Year Average: Aon July 25, 2019 Global insured losses from natural disasters during the first half were estimated at US$20 billion, which is 26% lower than...
Australia Floods Cost Insurers US$635M in February: Aon’s Catastrophe Recap March 8, 2019 Australia’s Northern Queensland experienced widespread flooding from Jan. 26 to Feb. 7, which cost insurers more than A$893 million (US$635...
Insurance Covered $90B of Natural Disaster Losses in 2018, Leaving 60% Protection Gap January 22, 2019 The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of...