hurricane harvey damage global insurance and reinsurance

2017 catastrophes will send global insurance and reinsurance losses over $100 billion

Fitch forecasts showed that this could be a record year for losses and they could be as great as $190 billion. Catastrophe global insurance and…

Allstate Insurance company news

Allstate insurance company announces catastrophe losses from April

The massive insurer has now released the estimate data generated during that month. According to Allstate’s newly released estimates, the April 2014 catastrophe losses came…

Tropical Cyclone Rusty Makes Landfall; Brings Strong Wind Gusts

According to catastrophe modeling firm AIR Worldwide, with 1-minute sustained winds of 136 km/h and gusts to 170 km/h, Tropical Cyclone Rusty came ashore as…

Tropical Cyclone Rusty to Deliver High Winds, Heavy Precipitation and Flooding to Coast of Western Australia

According to catastrophe modeling firm AIR Worldwide, Tropical Cyclone Rusty formed only on Saturday, February 23, but grew rapidly and intensified due to… low wind…

Meteor Blast Impacts Russia: AIR Worldwide

According to catastrophe modeling firm AIR Worldwide, on Friday, February 15, a meteor exploded over the city of Chelyabinsk (population: 1 million) in Russia’s central…

Aon releases new edition of Global Catastrophe Recap report

U.S. industry holds on to hope for a more peaceful 2012 Following the disastrous 2011, U.S. insurers had hoped that 2012 would be a lenient…

Insurers pulling out of markets in the wake of natural disasters

The natural disaster rate climbs as industry reevaluates high risk areas. Natural disasters seem to be happening more regularly, a fact that the global insurance…