Aon Benfield Impact Forecasting News
March U.S. Storms Produced $3B in Economic Losses, Plenty of Business Interruption Problems
The U.S. dealt with $3 billion in economic losses during March, thanks to a number of winter storms that caused multistate damage, travel delays and business interruption problems, according to Aon ...
Europe’s January Windstorms Caused More than $2B in Insured Losses: Aon
European windstorms Friederike, Eleanor and Carmen wreaked widespread damage in January, causing insured losses of more than $2 billion, according to a report published by Impact Forecasting, Aon ...
Severe Weather in February Cost Insurers More Than $1B: Aon Benfield
Insurers face claims of more than $1.0 billion as a result of severe weather events during February, primarily from storms in the U.S. and Australia, according to a report published by Impact ...
Natural Disasters Caused $54 Billion in Insured Losses in 2016: Aon Benfield
Overall, 26 percent ($54 billion) of economic losses caused by natural disasters worldwide during 2016 were covered by insurance as a higher percentage of damage occurred in areas with a lower ...
September’s Tropical Storms Cost More Than $4B in Economic Losses: Aon Benfield
Tropical storms cost the global economy $4.2 billion in September, according to the latest Global Catastrophe Recap report from Aon Benfield's Impact Forecasting. Hurricane Hermine became the first ...
China Floods Caused $33B in Economic Damage in July; Insurance Covered Little
Floods caused $33 billion in economic damage in China through July, but very little is covered by insurance, according the new catastrophe report from Aon Benfield's Impact Forecasting. Barely 2 ...
March Storms in the U.S. Could Cost Insurers $2B: Aon Benfield
Seven severe convective storms hit the U.S. during March, impacting nearly every part of the country and costing the insurance industry an estimated $2.0 billion, according to the latest Global ...
U.S. Hit With Greatest Number of February Tornadoes Since 2008: Aon Benfield Report
Severe storms in the U.S. led to the greatest number of February tornadoes since 2008, according to the latest monthly Global Catastrophe Report from Aon Benfield's Impact Forecasting. Damage from ...