windstorms and floods News

Nat Cat Risks Aggravated by Persistent Extreme Weather Conditions: Munich Re

Munich Re has published a report, which notes that “over the past years, persistent extreme weather conditions have triggered severe natural catastrophes and caused losses in the billion range.” In addition the world’s largest reinsurer said: “There are a growing …

Guy Carpenter Launches Probabilistic European Hail Model

Guy Carpenter & Company, LLC, the global risk and reinsurance specialist and wholly owned subsidiary of Marsh & McLennan Companies, announced the launch of its new probabilistic hail model for Europe. The bulletin said the “G-CAT® Hail Model features a …