Severe thunderstorms have pummeled western and central Europe, according to catastrophe modeling firm AIR Worldwide, bringing extremely strong and damaging winds, large hail, rampant lightning strikes, and heavy downpours. The storms have affected a large area as far south as …
This winter has been the wettest in the United Kingdom since detailed data was first published in 1910, and the rainfall total for January was the highest recorded since 1766, according to catastrophe modeling firm AIR Worldwide. Beginning with a …
In 2013, there were 296 separate natural disaster events that produced total economic losses of $192 billion – four percent below the 10-year average of $200 billion, but above the average 259 events, according to a report by global reinsurance …
Catastrophe modeling firm AIR Worldwide estimates that insured wind losses from Extratropical Cyclone Xaver will range between EUR 700 million and EUR 1.4 billion, with the majority of the losses in Denmark, Germany, and the UK. Losses also occurred in …
According to catastrophe modeling firm AIR Worldwide, following less than six weeks after Winter Storm Christian, Winter Storm Xaver hit north of Scotland during the overnight hours. Wind gusts of more than 140 mph (225 km/h) were recorded in the …
Catastrophe modeling firm AIR Worldwide estimates that total damage to residential, commercial, and agricultural properties from Super Typhoon Haiyan will range between $6.5 billion and $14.5 billion. However, because insurance penetration in the region is relatively low, AIR estimates that …
According to catastrophe modeling firm AIR Worldwide, in the three days since Super Typhoon Haiyan roared through the central Philippines, the scale of the devastation revealed in its wake continues to escalate. Preliminary analyses suggest that Haiyan (named Yolanda in …
Catastrophe modeling firm AIR Worldwide estimates that insured losses from Windstorm Christian (known as St. Jude in the UK) will range between EUR 1.5 billion and EUR 2.3 billion, with the majority of insured losses occurring in Denmark and Germany. …
According to catastrophe modeling firm AIR Worldwide, Winter storm “Christian” (known as “St. Jude” in the United Kingdom) battered the western shores of southern Great Britain early on Monday, October 28, 2013, as one of the strongest extratropical cyclones to …
According to catastrophe modeling firm AIR Worldwide, on Thursday, October 17, bushfires exacerbated by hot, dry, and windy conditions spread across the state of New South Wales, where authorities declared a state of emergency on Sunday. Bushfires are common during …