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Canada Derecho to be one of costliest convective storm losses: Aon

The Derecho type event that drove a line of severe thunderstorms across southern parts of the Canadian provinces of Ontario and Quebec last week has the potential to be one of the most expensive insurance industry losses from the convective storm peril in the country. The severe thunderstorms struck last Saturday and at one point almost […]

Centre for Disaster Protection adds World Bank ILS expertise

The UK-funded Centre for Disaster Protection has announced a number of new additions to its team, with an experienced disaster risk financing expert joining it from her most recent role at the World Bank, where she had worked on catastrophe bonds and insurance-linked securities (ILS) arrangements. The Centre for Disaster Protection was launched in 2017 […]

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