Page 5 - Impact Forecasting News Today

How can risk modellers find solutions to some of the key issues facing the insurance industry today? Adam Podlaha from Aon’s Impact Forecasting catastrophe model development team spoke to the Re/insurance Lounge to discuss how the company is addressing the industry’s challenges.

The ongoing eruption of the Cumbre Vieja volcano, located on the La Palma Island in the Canary Islands archipelago of Spain, is a reminder to insurers of

CHICAGO, Ill. - Annual Global Climate and Catastrophe Report, which aggregates and analyses the natural disaster perils that occurred worldwide during 2011, has been released today. | eTurboNews | Trends | Travel News

Extreme precipitation in mid-July resulted in the costliest flooding events on record for German and Chinese insurers, which face potential losses of $6.5

Global drought losses to surpass $8 billion as El Niño intensifies September 3, 2015 CHICAGO, IL – Impact Forecasting, Aon Benfield’s catastrophe model development team, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the CHICAGO, IL – Impact Forecasting, Aon Benfield’s catastrophe model development team, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the nat...

U.S. insurers face a multi-billion-dollar payout from May's convective storms, which spawned extensive hail, tornado, wind and flood damage across a

Unsplash Gonz DDL The only greater threat to the planet than environmental risks is weapons of mass destruction, according to the World Economic Forum. A coordinated effort between the public and private sectors will be critical to solving the challenges ahead. For investors, the transition to a more sustainable future presents both risks and opportunities. Investments that address energy, land use, water, health and urban communities can yield financial, environmental, and social returns. Gain...

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 the impact of natural disaster events worldwide. The report said severe weather in the U.S. resulted in outbreaks of thunderstorms, driven by large hail, tornadoes and damaging straight-line winds, which ca...

$1B Insurance Price Tag for U.S. Severe Weather in March (and Other Global Events): Aon April 12, 2021 Multiple U.S. severe weather outbreaks, including tornadoes, hail, and flooding, resulted in losses of more than $1 billion for public and private insurers during March, with economic costs approaching $2 billion, according to Aon’s monthly Global Catastrophe Recap report, which evaluates the impact of natural disaster events worldwide each month. The most...

Munich Re anticipates claims expenditure from winter storm Uri in the triple-digit-million euro range. Bernard Goyder, 11 March 2021 Aon has said it expects the economic cost of physical damage and business interruption caused by the polar vortex-linked cold snap to “well exceed $10bn”, in an Impact Forecasting report released on Thursday. Anna Sagar, 11 March 2021 Nat cat and extreme weather claims have become more frequent and severe with hail, heav...