Typhoon Sinks Ship Southwest of Hong Kong, Killing at Least 12 Crewmembers July 5, 2022 Chinese search and rescue officials pulled 12 bodies on Monday from waters southwest of Hong Kong after an engineering vessel...
What Is Causing Australia’s Incessant Rain? July 5, 2022 By Sonali Paul MELBOURNE — Torrential rain is lashing Australia’s southeast coast, forcing thousands of people from their homes because of the danger...
Shipowners That Still Transport Russian Crude Are Reaping Big Rewards July 5, 2022 By Serene Cheong A handful of shipowners still willing to transport Russian crude are reaping big rewards on at least one route as...
Torrential Rain Brings More Flooding to Sydney, Forcing Thousands to Evacuate July 5, 2022 By Angus Whitley Thousands of people on the outskirts of Sydney were told to leave their homes or prepare to evacuate as days...
People Moves: Verisk Promotes Rayner to President of Specialty Business Solutions; Munich Re Appoints 2 Senior Leaders for Singapore and SE Asia July 1, 2022 This edition of International People Moves details appointments at Verisk and Munich Re. A summary of these new hires follows...
Tropical Storm Bonnie Forms Near Nicaragua in Caribbean July 1, 2022 By Brian K. Sullivan Tropical Storm Bonnie formed in the Caribbean east of Nicaragua, a dangerous system that threatens a potential humanitarian crisis but...
Florida Property Reinsurance Premiums Rise by as Much as 50%: Gallagher Re July 1, 2022 Property reinsurance rates rose by as much as 50% in Florida at July 1 renewals and by up to 40%...
State-Controlled RNRC Says It Now Covers Nearly All Russian Reinsurance July 1, 2022 State-controlled Russian National Reinsurance Co. (RNRC) is covering nearly all reinsurance of domestic business, its president said on Friday, as...
Climate Change Driving Extreme Heat and Flooding in 2022: Report July 1, 2022 By Gloria Dickie Extreme weather events – from scorching heatwaves to unusually heavy downpours – have caused widespread upheaval across the globe this...
Midyear Prop-Catastrophe Reinsurance Capacity Down for 1st Time in Decades: Aon July 1, 2022 For the first time since the devastating U.S. hurricanes of 2004 and 2005, property-catastrophe capacity contracted during the June/July reinsurance...