Aon Benfield Cat Report Focuses on U.S. Snow/Ice and $1 Billion+ Losses
Impact Forecasting, Aon Benfield’s catastrophe model development team, has released the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster...
View ArticleInsurers’ Winter Storm Losses to Climb Due to Polar Vortex: I.I.I.
Insured losses from winter storms in the U.S. will climb well above $2.5 billion in 2014, double the annual average over the previous two decades. The Insurance Information Institute says the polar...
View ArticleIs Climate Change Causing Colder Weather and More Snow in Eastern U.S.?
Baby, it’s cold outside. And guess what? Climate change could make it even colder. December’s a great time to talk about climate change and global warming – it’s cold and blustery across many parts of...
View ArticleStudy Links Severe Winter Weather in Northeastern U.S. to Arctic Temps
The frequency of extreme winter weather in the U.S. is sensitive to Arctic temperatures, and that’s something those paying weather-related losses may want to take note of. After all, you can’t spell...
View ArticleIcy Blast in Midwest Recalls 2014 ‘Polar Vortex;’ Worst to Come
An arctic blast spread painful cold across the Midwest on Friday, closing schools, opening warming centers and even intimidating ice fishermen in a taste of the even more dangerous weather expected...
View ArticleThe Polar Vortex And Climate Change
A new report outlines the numerous risks insurers face from climate change. The report from Sustainalytics, a provider of ESG (environmental, social and governance) and corporate governance products...
View ArticleJanuary’s U.S. Storms, Australia Floods Bring Economic Damages Near $2B: Aon
Multiple winter storms and extreme cold led to 45 deaths and cost the U.S. economy $1 billion during January, according to Aon’s Global Catastrophe Recap – January 2019. The report listed the winter...
View ArticleA U.S. Storm that Will Break Insurance Records – and Other February Storms,...
February saw a spate of winter storms in the United States, including the period from Feb. 12-20, which will become the U.S. insurance industry’s costliest winter weather peril on record, according to...
View Article$1B Insurance Price Tag for U.S. Severe Weather in March (and Other Global...
Multiple U.S. severe weather outbreaks, including tornadoes, hail, and flooding, resulted in losses of more than $1 billion for public and private insurers during March, with economic costs approaching...
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