Impact Forecasting provides real-time information on catastrophic events through Cat Alerts, Weekly and Monthly Cat Recaps and the Annual Global Climate and Catastrophe Report. Aon's Impact Forecasting team's latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disas ... more. The Catastrophe Insight portal provides aggregated economic and insured loss data for global natural catastrophe events during the current year plus the previous decade. The information contained therein is only current as of the date thereof. CHICAGO, Nov. 13, 2020 – Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during October 2020.. The first six months of the year were marked by many smaller- and medium-scale disasters, which impacted a large number of communities globally. 11th December 2020 - Author: Luke Gallin Aon’s November monthly Global Catastrophe report highlights an estimated $9 billion in additional losses as a result of North America hurricane landfalls in the period, as well as record-setting tropical cyclones. Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Insurers paid out $30+ billion due to natural catastrophes in the first six months of the year, according to Aon Catastrophe Report. Flooding was the deadliest natural peril during the period, having been responsible for 60 percent of the death toll. CHICAGO, July 9, 2020 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during June 2020. CHICAGO, July 22, 2020 /PRNewswire/ — Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launches its Global Catastrophe Recap: First Half of 2020 report, which evaluates the impact of natural disaster events that occurred worldwide in the first six months of the year. Published by Impact Forecasting, Aon's catastrophe model development team, the report reveals that global natural disaster events during 1H 2020 caused total economic losses estimated at USD75 billion – 23 percent lower than the 2000-2019 average of USD98 billion. Economic losses from each of the storms were anticipated to surpass $100 million. Total combined economic losses were likely to exceed CNY220 billion ($32 billion). Secondary perils, exacerbated by climate change, are driving catastrophe insurance losses, warn a growing chorus of reinsurers and brokers. Further natural hazard events to have occurred in September include: To view the full Impact Forecasting September 2020 Global Catastrophe Recap report, please follow the link: http://thoughtleadership.aon.com/documents/20200810_analytics-if-september-global-recap.pdf. Economic impacts were expected to exceed $100 million. Storm Alex could be costliest European catastrophe of 2020: Aon. ... storm Alex could become the costliest catastrophe event to strike Europe in 2020 so far, the report explains. At … From a peril perspective, there was an unusually low number of significant earthquakes in 1H 2020. Along with the report, users can access current and historical natural catastrophe data and event analysis on Impact Forecasting's Catastrophe Insight website, which is updated bi-monthly as new data become available: About Aon Impact Forecasting provides real-time information on catastrophic events through Cat Alerts, Weekly and Monthly Cat Recaps and the Annual Global Climate and Catastrophe Report. Certain statements made on this web site or in materials accessed in or through this section of our web site are “forward-looking statements,” which are subject to risks and uncertainties, and Aon's actual results may differ (possibly materially) from those indicated in such statements. CHICAGO, Sept. 11, 2020 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during August 2020. According to China's Ministry of Emergency Management, at least 278 people were killed, and more than 1.4 million houses were damaged or destroyed since the arrival of Mei-yu rains in China this year. Seasonal monsoon flooding persisted in China, as officials noted that flooding in some parts of the country was the worst since 1998. Natural disasters were responsible for approximately 2,200 fatalities during the first half of 2020, significantly below the long-term (1980-2019) average of 39,800 and the median of 7,700. resumed busy activity in May and June respectively, with anticipated busy pipeline activity for Q3 and Q4 2020 . The magnitude-5.4 tremor was the 13th earthquake of at least M5.0 magnitude since January and an aftershock of the M6.4 January 7 event. Tropical Storm Amanda, the first named storm of the 2020 Eastern Pacific hurricane season, affected parts of Central America on May 31, with El Salvador and Guatemala bearing the brunt of damage. landfalling storm of 2020 Hurricane Sally became the eighth landfalling tropical storm or hurricane thus far of the 2020 Atlantic Hurricane Season as it came ashore near Gulf Shores, Alabama on September 16. One of the top five wettest three-day rainfall totals on record in Houston was recorded, along with major flooding elsewhere in Harris County, Texas. Sign up for News Alerts here, Media ContactAndrew Wraggandrew.wragg@aon.com+44 (0) 7595 217168, View original content to download multimedia:http://www.prnewswire.com/news-releases/us-economic-loss-escalates-as-record-wildfires-raged-in-september-according-to-aon-catastrophe-report-301148953.html, U.S. Economic Loss Escalates as Record Wildfires Raged in September, According to Aon Catastrophe Report, Human Resources Business Process Outsourcing, Combination of Aon and Willis Towers Watson, http://www.prnewswire.com/news-releases/us-economic-loss-escalates-as-record-wildfires-raged-in-september-according-to-aon-catastrophe-report-301148953.html. Annual Climate & Catastrophe Report WATCH Video 2017: Costliest year on record for weather disasters Media and Data Usage: Andrew Wragg Impact-Forecasting: Steve … Global Catastrophe Recap: October 2020 2 Table of Contents Executive Summary 3 United States 4 Remainder of North America (Non-U.S.) 5 South America 5 Europe 6 Middle East 7 Africa 7 Asia 8 Oceania (Australia, New Zealand, South Pacific Islands) 9 Appendix 10 Updated 2020 Data: January-September 10 Additional Report Details 18 The information contained therein is only current as of the date thereof. Typhoon Maysak made landfall in South Korea on September 3, causing notable damage to nearly 2,000 facilities and 5,000 hectares (12,500 acres). CHICAGO, Oct. 8, 2020 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launched the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during September 2020. May 07, 2020, Impact Forecasting. In 2020 to date, the United States has reported 22 fires with at least 100,000 acres (40,468 hectares) burned; a record since the statistic was first tracked in 1997. No fewer than 33 fatalities Hurricane Nana made landfall along the coast of Belize on September 3, bringing flooding rains to portions of Belize, Honduras, Guatemala and southern Mexico. CHICAGO, Oct. 8, 2020 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launched the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during September 2020. To view the full Global Catastrophe Recap: First Half of 2020 report, please follow the link: http://thoughtleadership.aon.com/documents/20200722_analytics-if-july-global-recap.pdf. Follow Aon on Twitter and LinkedIn  Stay up to date by visiting the Aon Newsroom and hear from Aon's expert advisors in The One Brief. Certain statements made on this web site or in materials accessed in or through this section of our web site are “forward-looking statements,” which are subject to risks and uncertainties, and Aon's actual results may differ (possibly materially) from those indicated in such statements. CHICAGO, July 22, 2020 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launches its Global Catastrophe Recap: First Half of 2020 report, which evaluates the impact of natural disaster events that occurred worldwide in the first six months of the year. Aon may update, amend, supplement or otherwise alter the information contained in any such materials by subsequent presentations, reports, filings, or other means without notice. Aon's Impact Forecasting team Global Catastrophe Recap report, evaluates the impact of the natural disaster events that occurred worldwide during ... more Aon Rating Agency Advisory COVID Update - June 8 2020 Along with the report, users can access current and historical natural catastrophe data and event analysis on Impact Forecastng's Catastrophe Insight website, which is updated bi-monthly as new data become available: Aon plc (NYSE:AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. According to the United Nations' Office for the Coordination of Humanitarian Affairs (OCHA), and governmental agencies, there had been at least 120 fatalities since the unprecedented flooding began, and more than 172,000 houses damaged or destroyed. Storms Sally and Beta added to human and financial loss from natural hazard events. Steve Bowen, director and meteorologist on the Impact Forecasting team at Aon's Reinsurance Solutions business, said: "The first half of 2020 was challenging on a number of fronts given the ongoing effects of COVID-19 and a series of impactful weather and climate-related events around the world. The storm later affected the eastern parts of North Korea, China and Russia, causing at least 30 additional casualties and damage to 9,200 houses. The seismic impact on the protection gap. Regions of central Oklahoma - including Oklahoma City, and northern and central Texas were most affected as maximum ice accretions approached and exceeded one inch. Sign up for News Alerts here, Media ContactAlexandra LewisAlexandra.Lewis@aon.com+44 207 086 0541, View original content to download multimedia:http://www.prnewswire.com/news-releases/global-economy-absorbs-75-billion-natural-disaster-loss-in-1h-2020-according-to-aon-catastrophe-report-301097909.html, Insurers paid out $30+ billion due to natural catastrophes in the first six months of the year, Global Economy Absorbs $75 Billion Natural Disaster Loss in 1H 2020, According to Aon Catastrophe Report, Human Resources Business Process Outsourcing, Combination of Aon and Willis Towers Watson, http://www.prnewswire.com/news-releases/global-economy-absorbs-75-billion-natural-disaster-loss-in-1h-2020-according-to-aon-catastrophe-report-301097909.html. These totals are preliminary and will change as losses continue to develop. Most notable was the landfall of Typhoon Goni in the Philippines, which unofficially came ashore as the strongest landfalling global storm on record. CHICAGO, Jan. 22, 2020 /PRNewswire/ -- Aon plc (NYSE:AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launches its Weather, Climate & Catastrophe Insight: 2019 Annual Report.This evaluates the impact of global natural disaster events to identify trends, manage volatility and enhance resilience. To view the full Impact Forecasting September 2020 Global Catastrophe Recap report, ... as-record-wildfires-raged-in-september-according-to-aon-catastrophe-report-301148953.html. Global Catastrophe Recap: September 2020 2 Table of Contents Executive Summary 3 United States 4 Remainder of North America (Non-US) 5 South America 5 Europe 6 Middle East 6 Africa 7 Asia 7 Oceania (Australia, New Zealand, South Pacific Islands) 9 Appendix 10 Updated 2020 Data: January-August 10 Additional Report Details 17 Contact Information 18 All dollar references are USD, unless otherwise stated. Global Catastrophe Recap: July 2020 5 Hurricane Hanna became the earliest 8th named “H” storm on record in the Atlantic Basin, in addition to the first hurricane of the 2020 Atlantic Season. Weekly Cat Report 8 Strong offshore earthquake rattles southern Puerto Rico The latest in an active sequence of earthquakes in 2020 struck just off the southern coast of Puerto Rico on May 2. Steve Bowen, director and meteorologist on the Impact Forecasting team at Aon, said: "The third quarter is historically the costliest of the year given the peak of tropical cyclone season in the Atlantic and Pacific Ocean Basins. The total of 207 global natural disaster events recorded by Impact Forecasting for 1H 2020 was above the 20-year average of 184 and the median of 189. Total economic losses were estimated to exceed $100 million. The report reveals that a series of powerful thunderstorms swept across … Medicane Ianos brought rough seas, damaging winds and flooding rainfall to western and southern regions of Greece between September 17-20. Explore Aon's Weather, Climate & Catastrophe Insight report. CHICAGO, July 22, 2020 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launches its Global Catastrophe Recap: First Half of 2020 report, which evaluates the impact of natural disaster events that occurred worldwide in the first six months of the year. The wildfires, which were amplified by hot and dry weather in combination with abundant available fuel, ensured a record sixth consecutive multi-billion-dollar payout year for global insurers with this peril. Aon plc (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. You are about to review presentations, reports, filings and/or other materials regarding Aon plc (NYSE: AON) that contain time-sensitive information. The Catastrophe Insight portal provides aggregated economic and insured loss data for global natural catastrophe events during the current year plus the previous decade. A severe weather event in the United States from April 10-14, which killed 38 people, was the costliest insured event, with claims totaling nearly USD3 billion. The report reveals that significant wildfires continued to burn across parts of the United States throughout September, killing at least 43 people. Global Catastrophe Recap: June 2020 14 Additional Report Details TD = Tropical Depression, TS = Tropical Storm, HU = Hurricane, TY = Typhoon, STY = Super Typhoon, CY = Cyclone Fatality estimates as reported by public news media sources and official government agencies. CHICAGO, Oct. 8, 2020 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launched the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during September 2020. Cyclone Amphan, which killed 133 people in India in May, was the costliest economic event of 1H 2020, causing an estimated USD15 billion in direct damage loss. The ILS annual report analyses the key trends witnessed in the past 12 months, and also provides an overview of related markets and topical issues. Global Catastrophe Recap: January 2020 8 Additional Report Details TD = Tropical Depression, TS = Tropical Storm, HU = Hurricane, TY = Typhoon, STY = Super Typhoon, CY = Cyclone Fatality estimates as reported by public news media sources and official government agencies. To view the full Impact Forecasting August 2020 Global Catastrophe Recap report, ... endures-20-billion-loss-from-august-storms-according-to-aon-catastrophe-report-301128269.html. You are about to review presentations, reports, filings and/or other materials regarding Aon plc (NYSE: AON) that contain time-sensitive information. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance. Weekly Cat Report 3 Sally becomes the 8thU.S. Total direct economic costs from the fires across California, Oregon and Washington were likely to reach well into the billions of dollars, resulting in a multi-billion-dollar payout for insurers. Follow Aon on Twitter and LinkedIn Stay up to date by visiting the Aon Newsroom and hear from Aon's expert advisors in The One Brief. This comes as the industry continues to put more focus on the increased annual costs arising from secondary perils.". Natural disasters claimed roughly 2,200 lives during the first half of 2020; this number was significantly below the long-term average (since 1980) of 39,800 and the median of 7,700. Hanna made landfall along the southern Texas coast at 5:00 PM CDT (22:00 UTC) on July 25 as a 90 mph (150 kph) Category 1 storm. CHICAGO, Aug. 6, 2020 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during July 2020. Global Catastrophe Recap: October 2020 5 A rare early season winter storm paralyzed portions of the Western United States and Plains on October 25-28. Tropical Storm Beta made landfall along the southern end of the Matagorda Peninsula near Port O'Connor, Texas, on September 21, bringing heavy rainfall and flash flooding to coastal Texas and Louisiana. Early season tropical cyclones such as Amphan in India and Bangladesh, wildfires in Australia, windstorms in Europe, and record-setting heat in the Arctic Circle were also notable in the first half of the year. CHICAGO, Sept. 11, 2020 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during August 2020. The new Aon catastrophe report immediately raised concerns for me because it reported about $3 trillion in catastrophe losses for the most recent decade, 2010 … TORONTO (July 9, 2020) – Aon plc (NYSE:AON) a leading global professional services firm providing a broad range of risk, retirement and health solutions, today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during June 2020. Around 10,000 combined houses were damaged or destroyed. At least eight fatalities and several injuries were reported. Much of the natural disaster impact came via the severe convective storm peril. A record 10 individual thunderstorm-related events had more than USD1 billion in economic losses in the United States alone during the first six months of the year; while Australia and Canada each dealt with severe hailstorms that prompted billion-dollar damage bills. There were at least 20 separate billion-dollar economic events during the first half of the year – led by the United States with 10 events; Asia Pacific (APAC) with five events; Europe, Middle East and Africa (EMEA) with three events and the Americas with two events. While 2020 has already got off to a destructive start with unprecedented wild fire activity in Australia, the world is still counting the cost of 2019’s natural disaster losses. Economic losses from natural disasters topped $232 billion in 2019 as the costliest decade on record came to a close. Published by Impact Forecasting, Aon's catastrophe model development team, the report reveals that global natural disaster events during 1H 2020 caused total economic losses estimated at USD75 billion – 23 percent lower than the 2000-2019 average of USD98 billion. Aon expressly disclaims any obligation to review, update or correct these materials after the date thereof. 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