Late-season winter weather affected much of Europe throughout the month of March. At least 30 fatalities were reported across the continent and early total economic loss estimates stood at $1.8 billion, including $914 million for France alone. Impact Forecasting, the …
At least four separate winter storms impacted the United States in February. The most deadly was a powerful Nor’easter which killed at least 15 people and affected more than 60 million citizens. A state of emergency was declared in six …
Torrential monsoonal rains prompted severe flooding throughout the Indonesian capital of Jakarta, killing at least 41 people, according to Impact Forecasting, the catastrophe model development center at Aon Benfield, the global reinsurance intermediary and capital advisor of Aon. Government officials …
In 2011, insured losses from global natural catastrophes exceeded $110 billion according to industry sources, the second-highest figure ever recorded. A new report from catastrophe modeling firm AIR Worldwide reveals that there is nearly a 7 percent probability that the …
The recent flooding the United Kingdom experienced last month, which killed at least four people and damaged more than 1,100 homes, raised flood insurance losses there to around $1.6 billion for 2012, making it the costliest flood year since 2007, …