catastrophe risks News

AIR Offers Supply Chain Risk Service

AIR Worldwide (AIR) has expanded its suite of Catastrophe Risk Engineering (CRE) products to help quantify, mitigate, and manage the risk associated with the impact of catastrophes on supply chain networks. AIR’s new offering is designed to help risk managers …

Insurers Face Huge Losses from Latest Deadly Tornadoes

Less than a year after a series of tornadoes caused some of the worse insured losses in U.S. history, the insurance industry is likely facing substantial costs again after storms killed at least 33 people on Friday. Friday’s system has …

Aon Benfield Conference Underlines ‘Complexity’ of Catastrophic Events

Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., will urge insureds and insurers to “look at the bigger picture as cat events become more complex,” at its 12th Hazards Conference in Surfers Paradise, near Sydney, Australia …