Aon, Floodbase and Swiss Re Launch Parametric Storm Surge Solution to Bolster U.S. Hurricane Insurance Protection CHICAGO, Feb. 5, 2025- Aon plc, a leading global professional services firm, today ...

Aon, Floodbase and Swiss Re launch parametric hurricane-related storm surge insurance. The product was a collaborative effort ...

Natural coastal habitats, such as mangrove swamps and salt marshes, play a role in mitigating storm-related losses, according ...

Florida Severe Weather Awareness Week is Feb. 3-7, 2025, to increase awareness of and preparedness for severe weather hazards ...

“We have to build up the infrastructure around freshwater flooding and the response to it, to try to start to approach what we’ve done with storm surge,” Dr Brennan said. “And that’s not ...

In southeastern Pennsylvania, Hurricane Ida in 2021 was a preview of a flood-prone future. A report recommends construction projects and other fixes to save lives and property.

“The new product can help bridge protection ... National Flood Insurance Program (NFIP). Cole Mayer, head of parametric solutions at Aon, commented: “Our data shows that storm surge can ...

Parametric solution bringing together the broker, re/insurer and parametric provider aims ‘to bolster US hurricane insurance protection ... related storm surge along the coast of the US. Developed in ...

Make sure you have a safe place in your home away from windows. Make sure you ... the outer bands when making landfall. Storm surge can cause inland flooding up to 100 miles away from the coast.

Even when there is still a foundation or a chimney, “fire wreaks havoc with those materials and they all have to be knocked ...

This initiative, developed in partnership with Floodbase, a specialist in parametric flood risk, and Swiss Re Corporate ... to ensure that clients can secure comprehensive protection for their US ...