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Aon updates Thai flood catastrophe model

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U.K.-based insurance broker Aon P.L.C. has updated its Thai flood catastrophe model to include insights from the 2011 Thailand floods, Asia Insurance Review reported. The new model includes a multi-source database of industrial hubs to accurately predict global supply disruptions following floods. The model also takes into account the Thai government’s flood protection and mitigation measures since 2011 for more accurate flood loss evaluation.

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