Sydney Shrouded in Smoke as Bushfires Continue to Spread in Eastern Australia November 21, 2019 By Edward Johnson Sydney was shrouded by smoke for a second time this week on Thursday as bushfires continued to rage along Australia’s...
Venice Suffers 2nd High Tide in a Week as Italy Declares State of Emergency November 15, 2019 By Alessandro Speciale Venice suffered its second exceptionally high tide in a week, with waters rising 154 centimeters (61 inches) above their benchmark...
Australia Wildfires Continue to Rage, Destroying Homes, Forcing Evacuations November 14, 2019 By Rod McGuirk Scores of wildfires continued to rage across vast tracts of Australia’s drought-stricken east coast on Wednesday, forcing hundreds of residents...
Fires Continue to Rage in Australia’s Most Populous State, New South Wales November 13, 2019 By Rod McGuirk Ferocious wildfires were burning at emergency-level intensity across Australia’s most populous state and into Sydney’s suburbs on Tuesday as authorities...
Insurance Council of Australia Declares Catastrophe for New South Wales Bushfires November 12, 2019 The Insurance Council of Australia (ICA) on Nov. 9 declared a catastrophe for the bushfires blazing in northern New South...
Australia Braces for Another Week of Devastating Bushfires November 12, 2019 By Emily Cadman and Jason Scott Australia is bracing for another week of devastating bushfires, with swaths of the eastern seaboard and even areas of greater...
Typhoon Hagibis to Cost Japan’s Economy $10B, with Insured Losses in Billions: Aon November 8, 2019 Typhoon Hagibis is likely to become one of 2019’s costliest events, with economic costs of more than US$10 billion and...
Torrential Rain Causes Flooding, Mudslides in Japan, Killing at Least 10 October 28, 2019 By Mari Yamaguchi Torrential rain that caused flooding and mudslides in towns east of Tokyo left at least 10 people dead and added...
Typhoons Faxai, Hagibis Unlikely to Affect Stability of Japan’s Non-Life Insurers: AM Best October 18, 2019 The recent mega-typhoons in Japan are unlikely to affect the financial stability of the country’s three major non-life insurers due...
RenaissanceRe Estimates Third Quarter Natural Catastrophe Losses of $155 Million October 16, 2019 RenaissanceRe Holdings Ltd. announced it estimates losses from third quarter 2019 catastrophe events will have an estimated net negative impact...