convective

Share

Severe weather in June drives $3bn+ costs for U.S. and Europe: Aon

Severe and convective weather outbreaks drove significant damages in the month of June 2019, Aon reported, with over $3 billion of economic losses expected and approaching $2 billion in insurance and reinsurance hit expected in the U.S. and Europe.It's another month where the severe and convective weather related peril drove read the full article →

Derecho & severe storms drive hundreds of millions in U.S. losses: Aon

In the last week a Derecho event and series of severe storms that drove hail, strong winds and tornadoes are expected to combine into another week where the insurance and reinsurance sector faces hundreds of millions of dollars in losses.A Derecho event is a long-lived and intense line of severe read the full article →

U.S. severe weather in May to drive $2bn or greater financial impact: Aon

Impacts from severe convective weather, thunderstorms, tornadoes and hail in the United States during May 2019 looks set to result in somewhere around $2 billion or more of economic costs, with most of the wind and hail loss falling to re/insurance capital.Aon's latest catastrophe report by its Impact Forecasting unit read the full article →

Tornadoes, thunderstorms, hail drive another $1bn+ U.S. weather week: Aon

For the second week in a row, a convective weather setup across much of the United States has driven severe thunderstorms, tornadoes, large hail, damaging winds and resulted in flooding, all of which is expected to drive more than a $1 billion of losses, the majority of which will fall read the full article →

Tornadoes to drive billions more in costs, 2019 now above average year

Tornadoes that struck the U.S. in recent days, as well as strong and damaging winds and large hail, are expected to drive billions of dollars more in economic costs, as 2019 now moves above the long-term average in terms of the number of tornadoes counted by NOAA.The severe thunderstorm and read the full article →

Tornadoes, thunderstorms, large hail, high winds warned for southern Plains

The U.S. National Weather Service (NWS) Storm Prediction Center is warning of an outbreak of dangerous tornadoes, severe thunderstorms, large hail and high winds for parts of the southern Plains, with a particular focus around north Texas to Oklahoma City.The NWS explains, "An outbreak of tornadoes, some potentially long-track and read the full article →

Tornado outbreak causes multiple deaths & damage in Alabama & Georgia

The most deadly tornado outbreak since 2014 has struck the United States, causing over 23 deaths and severe damage across parts of Alabama and Georgia yesterday.In fact tornado warned severe thunderstorms and convective weather systems were also reported in parts of northern Florida and South Carolina, as a severe weather read the full article →

Colorado hail storm to drive significant insured losses, as claims rise

The impacts of two days of severe storms and large hail on the metro area of Denver, Colorado earlier this week will drive minimally hundreds of millions of dollars of insurance and reinsurance losses, as the number of claims reported is set to rise to at least 20,000, according to read the full article →

Texas hailstorm industry loss could reach $1bn: Karen Clark & Co.

The insurance and reinsurance industry loss caused by the recent June 6th hailstorm that impacted Texas around the Dallas Fort Worth area, could reach as much as $1 billion, according to analysis by catastrophe risk modelers Karen Clark & Company (KCC).We wrote last week that an initial estimate from the read the full article →

North American thunderstorms drive $2bn+ insured losses in May

Severe convective weather that struck North America in May 2018 with thunderstorms, tornadoes, large hail, flooding and strong winds is estimated to have caused somewhere around $2 billion, perhaps more, of insurance and reinsurance industry losses by Aon.The toll will make May the most impactful month of severe weather so read the full article →