Global Insured Losses Hit $30B in 1H 2016, 30% of Economic Losses: Aon Benfield July 21, 2016 Preliminary global economic losses reached US$98 billion during the first half of 2016, while global insured losses hit US$30 billion...
AIR Worldwide Launches Global Resilience Practice with Kaniewski as Leader July 19, 2016 Catastrophe modeling firm AIR Worldwide (AIR) has formed a global resilience practice, which aims to support risk reduction and resilience...
Global Flood Events Rack Up $5B in Economic Costs in June: Aon Report July 8, 2016 Major floods across the globe during June – topped by events in China and the U.S. – are expected to...
Taiwan Readies for Typhoon Nepartak; AIR Worldwide Comments July 7, 2016 By Yu-Huay Sun Taiwan told schools and offices along its eastern coast to close early Thursday as Typhoon Nepartak threatens to unleash strong...
AIR Worldwide Introduces Earthquake Model for India June 28, 2016 Catastrophe risk modeler AIR Worldwide, a Verisk Analytics business, has released a new earthquake model for India that estimates losses...
RMS Updates Cat Models for Terrorism, Europe Windstorm & US Flood June 27, 2016 Global catastrophe risk management firm RMS has released version 16.0 of its catastrophe modeling platform, which includes updates to both...
Global Disasters During May to Cost Insurers at Least $7B: Aon Report June 9, 2016 Global disasters led to at least $7 billion in claims during May as insurers aid the recovery process following wildfires,...
Insured Losses from French Floods May Total $682M: Industry Association AFA June 6, 2016 By Helene Fouquet Insurance executives meet with government officials in Paris Monday to assess the cost of flooding in the Centre and Ile-de-France...
Update: Flash Floods Hit SE Germany, Killing at Least 8; AIR Worldwide Comments June 2, 2016 By Angeline Benoit and Oliver Suess Torrential rain, thunderstorms and flash floods that have inundated towns in southeastern Germany in recent days took the death toll...
Sompo Launches Model to Evaluate Wind Farm Risks May 31, 2016 The Sompo group companies have launched a model for evaluating risks to onshore and offshore wind farms. The model, which...