Aon Benfield launches storm surge risk model for Germany
Aon Benfield has launched a storm surge model for Germany – the first of its kind for the country - to help reinsurers quantify risk in this underdeveloped line of cover.
To date, storm surge has generally not been included in German buildings policies due to reinsurers' inability to accurately assess the peril. The new model, developed by Impact Forecasting, Aon
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