Impact Forecasting Aon Benfield News

April’s Storms in U.S. Take Toll on Economy, Insurance

April’s outbreak of severe weather and flash flooding in the U.S. will likely be the first billion-dollar economic loss event of 2014 attributed to convective thunderstorms, according to a report by Aon Benfield’s catastrophe model center, Impact Forecasting. At least …

Impact Forecasting to Launch Combined Chile Quake/Tsunami Cat Model

Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, announced the launch of a Chile earthquake model that also incorporates tsunami risks, the first such model to do so. The launch is timely in view of the …

Aon Benfield’s July Cat Report Confirms Canada’s 2nd Billion Dollar Loss

According to the latest Global Catastrophe Recap report from Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, the “strong thunderstorms” that “brought record rainfall to the greater Toronto metropolitan region,” resulted in “Canada’s second billion-dollar natural …

Aon Benfield’s Impact Forecasting Launches Tools to Quantify Cat Models

Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has launched a suite of tools, designed to “easily quantify uncertainties in catastrophe models across all perils and territories.” The bulletin explained that “devastating events, such as the …

Aon Benfield Cat Report: Severe Winter Causes $1.8bn Econ. Loss in Europe

The latest catastrophe report for the month of March from Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, highlights the sub-freezing temperatures across Europe, which have caused economic losses of an estimated $1.8 billion. The Global …