Sandy insured losses News

Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, announced that it is “helping insurers and reinsurers prepare for current and future U.S. hurricane seasons with its innovative storm surge model. “Ahead of the one-year anniversary of …

International insurance and reinsurance companies are expected to cover half of total insured losses from Superstorm Sandy, an industry association said Thursday. Estimated losses from Superstorm Sandy currently stand at over $16 billion, as reported by publicly traded companies, according …