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Catastrophes Cost Insurers $22B in 1H 2017; Economic Losses Totaled $53B: Aon

Global insured losses from natural disasters during the first half of 2017 are estimated at US$22 billion with 76 percent of these losses generated by U.S. events, according to a report issued by Impact Forecasting, Aon Benfield’s catastrophe model development team. The report reveale
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Political Risk a Growing Concern, Say Brokers, Insurers

Evan Freely has been insuring global risks for years — through the 2008 market meltdown, the 2002 crisis in Argentina, and the 1993 downturn in Venezuela. Yet turmoil now seems to be coming at a more rapid pace than he’s seen before. “I’m more concerned today about political risk than
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What Is Covered by Standard Homeowners’ Insurance?

Most standard homeowners’ insurance policies include four essential types of coverage: Coverage for the structure of your home Coverage for your personal belongings Liability protection Additional living expenses if you are temporarily unable to live in your home because of an insured
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