India and Pakistan floods News

Lowest Insured Losses since 2009: Impact Forecasting Climate and Cat Report

Impact Forecasting, Aon Benfield’s catastrophe model development team, has released its Annual Global Climate and Catastrophe Report, which evaluates the impact of the natural disaster events that occurred worldwide during 2014. The report concludes that 258 separate global natural disasters …

Swiss Re sigma 2014 Disaster Insured Loss Estimates = $34 Billion

According to Swiss Re’s preliminary sigma estimates, total economic losses from natural catastrophes and man-made disasters were $113 billion in 2014, down from $135 billion in 2013. Out of the total economic losses, insurers covered $34 billion in 2014, down …