Total U.S. economic losses from Hurricane Matthew were forecast to range as high as $10 billion, while public and private insurance losses were estimated to possibly reach $5 billion, according to Impact Forecasting. Aon Benfield’s catastrophe model development team released …
The total economic losses of the recent Louisiana floods will be in the range of $10-15 billion, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. Public and private insured losses were expected to be in the low-digit single …
An enhanced North East Monsoon – almost certainly impacted by current El Niño conditions – brought weeks of torrential rainfall to southern India and Sri Lanka for much of November and early December, killing at least an estimated 386 people …
The U.S. economy has sustained $2 billion in wildfire losses – the highest in eight years, according to the latest edition of Impact Forecasting’s Global Catastrophe Recap monthly report. The report, which evaluates the impact of the natural disaster events …
The latest edition of the monthly Global Catastrophe Recap, released by Impact Forecasting, report reveals that Super Typhoon Rammasun caused more than $6.5 billion in economic damage. The storm, which made separate landfalls in the Philippines and China, caused widespread …
The Global Catastrophe Recap report for June from Aon Benfield’s Impact Forecasting highlights the outbreak of severe thunderstorms that affected Western and Central Europe during the first half of the month, causing significant hail damage in parts of Germany, France …
September was an active month for natural disaster around the globe, according to Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield. Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, released the latest …
Billion-dollar flood losses were recorded in China, Russia, Philippines and Pakistan during August, causing an initial combined estimate of $10 billion in economic losses, according to Impact Forecasting’s latest edition of its monthly Global Catastrophe Recap report, which reviews the …
Major flooding continued across Central Europe during the first half of the month, killing at least 23 people and resulting in combined economic losses of up to $22 billion, and insured losses tentatively estimated at approximately $5.3 billion, according to …
The United States were impacted by several severe windstorm events during the month of May, including Moore, Okla., where a catastrophic EF-5 tornado killed 24 people, injured 387 others, and damaged or destroyed up to 13,000 homes and structures. Total …