Aon’s Impact Forecasting team today launches the latest edition of its monthly Global Catastrophe Recap report, which evaluates the impact of the natural disaster events that occurred worldwide during January 2020 to help identify trends, manage volatility, and enhance resilience.
Key findings of the study include:
- Global flood events result in nearly USD2 billion in economic damage cost
- Hailstorms strike multiple Australia metro areas; total insured losses top USD430 million
- January tornado outbreak amid broader winter storm leaves estimated USD1.2 billion cost in the U.S.