Insurance Post

Aon Benfield warns insurers to consider severe space weather events

European Space Agency Solar Orbiter

Aon Benfield has advised the insurance industry to consider the potential ramifications of a severe space weather event, as solar and geomagnetic activity is predicted to peak in the next 12 months.

The firm has launched a report entitled Geomagnetic Storms to review the potential threat and risk management implications.

Aon Benfield said that, although the probability of an event occurring is

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