monsoon

Aon Benfield have published their Monthly Cat Recap Report for September which is put together by their Impact Forecasting catastrophe modelling and analysis arm. The report takes a look at the major natural catastrophe and weather events around the globe during the last month and puts economic loss figures on the resulting damage.

It’s been widely reported in the last few weeks that an El Nino weather pattern is developing in the Pacific. The phenomenon causes a warming of the Pacific ocean which in turn affects weather patterns globally, although the worst affected are those surrounding the Pacific. El Nino conditions are thought to cause a weaker monsoon […]