natural disaster perils News

Report: July Flooding in China Causes $8.3B in Economic Losses

Flooding caused more than $8.3 billion in economic losses across China during July, while the worst drought in decades worsened across much of the United States, according to the latest edition of the Global Catastrophe Recap report released by Aon …

Aon: Deadly Italy Earthquakes Result in $6B Economic Loss

The two earthquakes and subsequent aftershocks that struck northern Italy within a nine-day period, killing 25 people, injuring more than 400 others caused a combined an estimated economic loss estimate of $6.25 billion, according to the latest Aon Benfield’s Global …

March Deadly And Costly Month in Parts of the United States

A significant severe weather outbreak affected parts of the U.S. Midwest, the Tennessee Valley and the Southeast during the first week of March, killing at least 41 people. The U.S. Storm Prediction Center (SPC) cited at least 65 tornado touchdowns, …