U.S. insured losses in March from severe weather are expected to pass $1.8 billion, according to Impact Forecasting, the catastrophe-model-development center for Aon Benfield.

U.S. insured losses in March from severe weather are expected to pass $1.8 billion, according to Impact Forecasting, the catastrophe-model-development center for Aon Benfield.

Microinsurance is not an act of charity but a business model that can pay insurers real dividends while helping the impoverished climb back from natural catastrophes, says the Chairman of Swiss Re America.

Uncertainty in the science of catastrophe risk, and how this translates into modeling, has always been a hot topic, not least following Risk Management Solutions updates to its U.S. Hurricane and Europe Windstorm models last year.