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Aon puts 2017 global catastrophe insured losses at $134bn

Impact Forecasting, the catastrophe and weather risk analysis arm of reinsurance brokerage Aon Benfield, has estimated the insurance industry losses from 2017 catastrophes and severe weather events at $134 billion, just slightly below the record high seen in 2011 of $137 billion.Aon's $134 billion estimate, from its new Weather, Climate & read the full article →

European windstorms under investigation, Egon a $100m+ loss

European windstorm Egon and European windstorm Barbara are both under investigation by PERILS AG, and Aon Benfield's Impact Forecasting unit said Egon will likely result in an insurance industry loss of over $100 million.PERILS AG, the provider of industry-wide European catastrophe exposure, insurance and reinsurance industry loss data and indices, read the full article →