insured losses News
Insured Losses, Economic Damages Set New Records Over Last Decade: Aon
The past decade broke new records in terms of economic damages and insured losses, according to Aon's latest catastrophe report. The costs to global economies reached $2.98 trillion between 2010 and ...
Insurers, Analysts Worry Australia’s Bushfires Could Surpass 2009’s Costly Season
Australia's bushfire season has months to run and could easily surpass the most costly fire season, 2009's Black Saturday fires in Victoria, which had a price tag of an estimated A$4.4 billion (US$3 ...
2019 Insured Losses Reach an Estimated $56B: Swiss Re
Global insured losses in 2019 dropped to an estimated $56 billion, from $93 billion in 2018 and below the annual average $75 billion of the previous 10 years, according to preliminary sigma estimates ...
Typhoon Hagibis Could Be One of 2019’s Costliest Catastrophe Events: Aon
Typhoon Hagibis is likely to become one of 2019's costliest events, with economic costs of more than $10 billion and insured losses minimally in the billions, according to Aon's monthly catastrophe ...
Insured Losses From Japan’s Typhoon Hagibis Could Reach $11B: RMS Estimate
Insured losses stemming from Typhoon Hagibis in Japan will hit between $7 billion and $11 billion, catastrophe modeling firm RMS is estimating. While last month's Typhoon Faxai was a wind-driven ...
Hurricane Dorian Ties an Atlantic Hurricane Landfall Record: Aon
Hurricane Dorian's early September onslaught in the Bahamas, North Carolina and Canada produced total economic and insured losses in the billions, according to Aon's monthly Global Catastrophe Recap ...
Japan Typhoon Death Toll Hits 43; 110,000 Rescuers Sent In
Japan is sending more than 110,000 people including its Self-Defense Forces to tackle rescue and cleanup operations in the wake of the most powerful typhoon to hit the country in decades, which left ...
Updated Hurricane Dorian Insured Loss Estimates Calculated for U.S., Caribbean
Hurricane Dorian may be history, but catastrophe modeling firms are still calculating insured losses for damage the storm inflicted on the U.S. and Caribbean region. Karen Clark & Co. issued an ...