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Global Disaster Events Cost Insurers USD34 Billion In 2014

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According to preliminary sigma estimates, total economic losses from natural catastrophes and man-made disasters were USD 113 billion in 2014, down from USD 135 billion in 2013. Out of the…

EU Scales Up Ebola Response Aid With Planes, Material Aid And Research Support

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The European Union and its Member States have now pledged more than €1 billion in response to the Ebola crisis in West Africa. This means the Union has already gone…

June Severe Thunderstorms Cause Nearly $3bn Economic Loss In Europe

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Impact Forecasting has released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during June 2014. The report reveals that…

AARP Urges Older New Yorkers to Plan Ahead During Hurricane Season

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Hurricane season is upon us, and just two years after Sandy, AARP is reminding older New Yorkers, their families and friends to get ready early this hurricane season. While Sandy…

Willis Group Presents Unique Event to Kick-Start A Global Disaster Resilience Transformation

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As part of the World Bank's biennial Understanding Risk Forum of global leaders, Willis Group is pleased to announce a unique gathering on Tuesday, 1st July that will bring organisations…

Volatile Weather Patterns Spur Renewed Interest In Insurance To Protect Corporate Revenues From Unseasonable Conditions

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With its roots in the UK, specialist insurer Beazley (BEZ.L) is familiar with depressing weather. But the company has been finding that US businesses are just as receptive to insurance…

Global Economy Endures Near $20bn Loss From Q1 Natural Hazards; Insurers Face $7bn Payout

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Impact Forecasting, has released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during March 2014. For the second consecutive…

Flood Events In 2013 Highlight The Positive Effect Of Defence Measures

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Natural catastrophe losses in 2013 were dominated by floods. Detailed analyses have shown that protective measures can drastically reduce losses. For example, the June 2013 floods in Germany and neighbouring…

Insured Losses From Catastrophes Were USD 45 Billion In 2013

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According to the latest sigma study, global insured losses from natural catastrophes and man-made disasters were USD 45 billion in 2013, down from USD 81 billion in 2012. Of the…

Japan Snowstorms Raise February Winter Weather Insurance Payouts To More Than $1bn Globally

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Impact Forecasting has released the latest edition of its monthly Global Catastrophe Recap report, which reviews the natural disaster perils that occurred worldwide during February 2014. Aon Benfield is the…
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