2018 catastrophes News

Engineering Study Last Year Warned Operator About Stability of Genoa Bridge: Reports

An engineering study commissioned by Italian highway operator Autostrade last year warned about the state of the concrete-encased cable stays that held up a bridge that collapsed this week in Genoa, two Italian newspapers reported on Friday. Autostrade per l’Italia, …

Global Insured Catastrophe Losses Decline to $20 Billion in H1: Swiss Re

Global insured losses from natural catastrophes and man-made disasters during the first half of 2018 were US$20 billion, down from US$30 billion in H1 2017, according to Swiss Re Institute’s latest sigma study. On the other hand, during the first …

Italy Bridge Operator’s Shares Drop After Disaster; Supply Chain Impact Expected

Italy’s biggest toll-road operator came under heavy stock-market attack on Thursday after Rome criticized it for a deadly bridge collapse this week, moving to revoke its concession and accusing it of failing to ensure the viaduct’s safety. An 80-meter-long section …

Italy Government Blames Genoa Bridge Operator as Collapse Death Toll Rises

Rescuers hunted for survivors among towering slabs of wreckage on Wednesday after a bridge collapse that killed 39, as furious government ministers rounded on the viaduct’s operator, saying it should pay fines and compensation and lose its concession. The 50-year-old …

Bridge Collapses in Genoa, Italy, with 35 Deaths Reported

A bridge on the main highway running down the Italian Mediterranean coast collapsed in Genoa, with the death toll reported to be 35 people while others were trapped in the rubble. A police video showed the viaduct connecting the A10 …

Indonesia Quake Losses Exceed Several Hundred Million Dollars; Deaths Pass 430

The death toll from the earthquake that rocked the Indonesian island of Lombok a week ago has passed 430 and the government is estimating economic losses will exceed several hundred million dollars. The national disaster agency said Monday the Aug. …

Philippine Flooding Kills at Least 6, Displaces Many Thousands

At least six people died and tens of thousands fled their homes as monsoon rain triggered flooding in the Philippine capital and nearby areas, reminiscent of the deadly Typhoon Ketsana nine years ago. About 1.1 million people have been affected …

July’s Droughts, Wildfires, Floods Caused Billions in Global Economic Losses: Aon

Many countries across the globe saw worsening in drought-related and wildfire conditions during July, which have led to hundreds of deaths and created a significant financial impact – particularly in the agriculture, forestry, water management and fisheries industries. This was …

3rd Major Earthquake Hits Indonesian Island of Lombok; Deaths Top 300

The Indonesian island of Lombok was shaken by a third big earthquake in little more than a week Thursday as the official death toll from the most powerful of the quakes topped 300. The strong aftershock, measured at magnitude 5.9 …

Portugal Battles Wildfire as Intense Heat Wave Continues Across Europe

Emergency services in Portugal continued their fight Monday against a major, four-day wildfire on the south coast that threatened to engulf a hillside town overnight. The Civil Protection Agency said 44 people required medical assistance as the blaze passed by …