Posts Tagged ‘Windstorm’



May 20th, 2015

Approach of Atlantic Hurricane Season

Posted at 1:00 AM ET

As we approach the beginning of the 2015 Atlantic Hurricane Season, we review CAT-i stories covering the major storms from 2014.

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May 13th, 2015

Approach of Eastern Pacific Hurricane Season

Posted at 1:00 AM ET

As we approach the beginning of the 2015 Eastern Pacific Hurricane Season, we review CAT-i stories covering the major storms from 2014.

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May 12th, 2015

Approach of Atlantic Hurricane Season

Posted at 1:00 AM ET

As we approach the beginning of the 2015 Atlantic Hurricane Season, we review CAT-i stories covering the major storms from 2014. 

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April 9th, 2015

The Americas Catastrophe Losses 2014: Part II

Posted at 1:00 AM ET

Regarding tropical cyclone activity, the North Atlantic Basin experienced six hurricanes and two major hurricanes in close agreement with the 1954 to 2013 mean, following a slow start to the season.

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April 8th, 2015

The Americas Catastrophe Losses 2014: Part I

Posted at 1:00 AM ET

The Americas accounted for 57 percent of global losses in 2014, compared to 48 percent in 2013, 87 percent in 2012 and 26 percent in 2011. Man-made incidents included the explosion of an unmanned supply rocket in October in Virginia, the October crash of the Virgin Galactic spaceship in California and the Chevron Phillips refinery fire in Texas in July.

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April 2nd, 2015

Insured Cat Losses – Asia/Australasia – 2014

Posted at 1:00 AM ET

Asia and Australasia endured their share of both natural and man-made catastrophes in 2014 with 23 percent of estimated global insured losses in 2014. Notable events in the region included the disappearance of Malaysian Airlines Flight 370 in the first quarter and the crash of AirAsia Flight 8501 near Indonesia in December.

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April 1st, 2015

Insured Cat Losses – Europe/Middle East/Africa – 2014

Posted at 1:00 AM ET

Insured losses for the regions encompassing Europe, the Middle East and Africa accounted for around 21 percent of global insured losses in 2014. The most significant events included the severe convective outbreak (hail and windstorm Ela) that affected areas including Germany, France, Belgium and Austria. A frontal boundary crossing the area initiated severe thunderstorms and supercells. The thunderstorms inflicted damaging wind gusts and hail over a widespread area with reports of hail exceeding seven centimeters (2.8 inches) in diameter and isolated reports of hailstones as large as 12 centimeters (4.7 inches).(1) Estimated insured losses from this event were around USD2.8 billion.(2)

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March 31st, 2015

Notable Insured Global Losses in 2014

Posted at 1:00 AM ET

Notable insured losses in 2014 included the February snowstorms in Japan, frequent winter storms affecting Europe, flooding in the United Kingdom and a cold, stormy winter in the eastern half of North America. The arrival of spring in the second quarter produced several severe convective outbreaks in the United States and hail and windstorm Ela in Europe. A busy East-Pacific hurricane season brought Hurricane Odile to the Baja Peninsula. In the West Pacific, Typhoon Rammasun affected China, Vietnam and the Philippines.

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March 30th, 2015

Global Catastrophe Overview– 2014

Posted at 1:00 AM ET

2014 was a quiet year, with significant insured losses totaling around USD33 billion. Insured losses were below the ten-year and five-year moving averages of around USD59 billion and USD56 billion, respectively (see graphs below).

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February 24th, 2015

2014 Insured Losses Hit Lowest Level in Five Years

Posted at 11:45 PM ET

Guy Carpenter today released its annual Global Catastrophe Review, which reports that insured losses in 2014 were at the lowest level seen since 2009. According to the report, significant insured losses in 2014 totaled approximately USD33 billion, a dramatic drop when compared to the historic insured losses seen in 2011, which totaled approximately USD126 billion.

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