22 March 2018

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February US storms and European cold snap expected to cost hundreds of millions says Aon Benfield

9 March 2018

The cold blast from Storm Emma which affected vast swathes of Northern and Central Europe at the end of February and beginning of March is expected to have an economic cost of "hundreds of millions" according to Aon Benfield, with business interruption claims hitting the (re)insurance market likely to figure highly as part of this figure.

The assessment was provided by Impact Forecasting, Aon Benfield's catastrophe model development team, in the latest edition of its monthly 'Global Catastrophe Recap' report...

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