Global disasters lead to at least $7 billion in claims as insurers aid the recovery process following May wildfires, floods and storms, according to the latest Impact Forecasting report. Aon Benfield’s catastrophe model development team released the latest edition of …
The death toll from natural disasters such as earthquakes, storms and heatwaves rose sharply worldwide in the first six months of 2015, the world’s largest reinsurance company Munich Re said on Tuesday. However, the economic cost of such events dropped …
Disasters such as floods in Europe, winter storms in the U.S. and typhoons in Asia cost insurance companies $45 billion in 2013, a leading Swiss firm said Wednesday. The sum represents only about a third of the $140 billion in …