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US winter weather costliest nat cat for US insurance industry: Aon 12-03-2021 07-02-2020 Re/insurance broker Aon has estimated that the total direct economic cost of the winter weather conditions that affected the US mid-February will exceed $10 billion. The rest of this article is locked. Please login to continue reading.   If you dont have a login, you will need to purchase a subscription to gain access to this article, and all the other content. Please use this link and follow the steps...

Cat risk team of the year: Aon, Impact Forecasting Impact Forecasting has long established itself in catastrophe risk modelling and, in the face of many large-scale challenges in the last 12 months, it has solidified its reputation. The company aims to assist insurers analysis of the financial implications of catastrophic events, to help them achieve a greater understanding of the risks. "Insurers and re/insurers told us that a black-box approach is limiting them from making most of the catastr...

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/natural-catastrophes-cause-above-average/"></div>LONDON (Reuters) – Natural catastrophes resulted in $97 billion in insured losses in 2020, 40% above the average for this century, in a year when insurers also faced hefty bills due to the coronavirus pandemic, insurance broker Aon said in a report on Monday. Hurricane Laura, which hit the United States and Caribbean in August, […]&l...

Share this article "When Natural Disasters and a Pandemic Collide" global annual report explores "connected extremes" CHICAGO, Jan. 25, 2021 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launches its global Weather, Climate & Catastrophe Insight: 2020 Annual Report. The report evaluates the impact of global natural disaster events to identify trends, manage volatility and enhance resilie...

With Economic Damages of $9B, Hurricanes Eta and Iota Topped Off Record Year: Aon December 14, 2020 Hurricanes Eta and Iota in November topped off the 2020 Atlantic hurricane season when a record of 12 named storms made landfall in the United States. The two final hurricanes of the season had an economic cost of approximately $9 billion, according to Aon’s monthly Global Catastrophe Recap report. Hurricane Eta made landfall and caused extensive damage in Ni...