Solar and geomagnetic activity is expected to peak this year, increasing the possibility of disruption to government and private infrastructure. According to Rade Musulin, COO Aon Benfield Analytics Asia Pacific, following an 11 year cycle, the peak in solar activity …
At least four separate winter storms impacted the United States in February. The most deadly was a powerful Nor’easter which killed at least 15 people and affected more than 60 million citizens. A state of emergency was declared in six …
Torrential monsoonal rains prompted severe flooding throughout the Indonesian capital of Jakarta, killing at least 41 people, according to Impact Forecasting, the catastrophe model development center at Aon Benfield, the global reinsurance intermediary and capital advisor of Aon. Government officials …
The recent flooding the United Kingdom experienced last month, which killed at least four people and damaged more than 1,100 homes, raised flood insurance losses there to around $1.6 billion for 2012, making it the costliest flood year since 2007, …
Of the more than $7.5 billion in economic losses recorded in Asia, China sustained much of that loss as two separate flood events affected several provinces, according to the latest edition of Aon Benfield’s Global Catastrophe Recap report, which reviews …
Flooding caused more than $8.3 billion in economic losses across China during July, while the worst drought in decades worsened across much of the United States, according to the latest edition of the Global Catastrophe Recap report released by Aon …
The two earthquakes and subsequent aftershocks that struck northern Italy within a nine-day period, killing 25 people, injuring more than 400 others caused a combined an estimated economic loss estimate of $6.25 billion, according to the latest Aon Benfield’s Global …
A series of severe weather events across central and southern sections of the United States in April caused upwards of $1 billion in insured losses, according to Aon Benfield’s latest edition of its Global Catastrophe Recap report. During last month’s …
A significant severe weather outbreak affected parts of the U.S. Midwest, the Tennessee Valley and the Southeast during the first week of March, killing at least 41 people. The U.S. Storm Prediction Center (SPC) cited at least 65 tornado touchdowns, …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, released its latest Global Catastrophe Recap report, which analyses the natural disaster perils that occurred worldwide during January. The report reveals that while there was no single major …