Aon Benfield insurance news report on natural disasters shows massive losses in Italy

Italy Earthquake

There was an estimated $6 billion in economic loss from the Italian quakes. Worldwide reinsurance intermediary, Aon Benfield, the Aon plc capital adviser, has released the most recent edition of its Global Catastrophe Recap report, which looked into the latest insurance news regarding natural disasters that occurred in May 2012. The report was published by Impact Forecasting and detailed the impact of the earthquakes in Italy. The catastrophe model development center of excellence for the firm, published the results which showed that the nine days in which there were two…

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