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Holborn ViewPoint | The August 2020 Derecho

It has been nearly two months since people in the Midwest experienced a major Derecho event creating substantial damage.  Until now, many have not even heard of the word, derecho.  But, this type of event is not a unique event.  In 2020 alone, there have been 8 notable derechos thus far and there has been more than one per year for all but one year in the past decade.  This particular event received limited press, but it was not just your run of the mill event.  The maximum estimated winds were around 140 mph.  That is as if a Category 4 hurricane touched down in Iowa.

Read the full report Derecho- 2020 Vol 6 2

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In addition to Holborn-related industry news, staff and board member updates, highlights of recent and upcoming events, and information on upgrades to analytics, claims and other services, our "News" features up-to-the-minute reinsurance industry posts, trend analysis and opinion pieces, not only from our leadership, but also from experts across the insurance industry.