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Costliest year on record for weather disasters with USD344 billion global economic loss in 2017

Aon catastrophe report: All natural disasters cost USD353 billion, with insurance industry in position to handle high volume of claims payouts and explore future growth to build resilience in underinsured regions Chicago, IL (Jan. 24, 2018) – Impact Forecasting, Aon Benfield’s catastrophe model development team, has launched its Weather, Climate & Catastrophe Insight: 2017 Annual… Read more »

Global economy suffers $53bn natural disaster loss during 1H 2017

Insurers face $22bn natural disaster payout with 76 percent of losses related to U.S. events: Aon catastrophe report Chicago,  IL (July 19, 2017) — Impact Forecasting, Aon Benfield’s catastrophe model development team, has launched its Global Catastrophe Recap: First Half of 2017 report, which evaluates the impact of the natural disaster events that occurred worldwide in… Read more »