Hurricane Dorian’s Bahamas Storm Toll: $3.4 Billion in Damages, 3 Years of Rebuilding January 17, 2020 By Ezra Fieser The Bahamas may need to tap international debt markets as it confronts the steep cost of recovering from the most...
Natural Catastrophes Cost $150B in 2019, with Insurers Paying $52B: Munich Re January 8, 2020 By L.S. Howard Natural catastrophes caused overall losses of US$150 billion during 2019, including insured losses of about US$52 billion, which matches the...
More Storms. Less Damage. But 2019’s Slow Hurricanes Leave Sense of Foreboding. November 30, 2019 By Brian K. Sullivan The Atlantic Ocean has spawned lots of storms this season while doing much less damage than prior years. But warming...
Farewell 2019 Atlantic Hurricane Season: 18 Storms, 6 Hurricanes November 27, 2019 By Andrew G. Simpson The 2019 Atlantic hurricane season, which ends on November 30, was marked by tropical activity that churned busily from mid-August...
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...
Tropical Storm Nestor Spawns Tornadoes in Florida Gulf but Spares Panhandle October 21, 2019 By Brendan Farrington and Terry Spencer Tropical Storm Nestor was downgraded Saturday after it spawned a tornado that damaged homes and a school in central Florida...
National Hurricane Center Issues Tropical Storm Warning Along Gulf Coast October 18, 2019 A disturbance in the southwestern Gulf of Mexico is likely to become a tropical storm that will hit the northern...
Hurricane Dorian Ties as Strongest Landfalling Atlantic Hurricane on Record: Aon October 14, 2019 Hurricane Dorian made landfalls in the Bahamas, North Carolina, and Canada in early September, bringing total economic and insured losses...
Hurricane Lorenzo Lashes Azores, Causing Minor Damage, with Ireland as Next Stop October 3, 2019 By Barry Hatton Hurricane Lorenzo powered across the Atlantic Ocean on Wednesday, lashing the Azores Islands with heavy rains, powerful winds and high...
Update: Hurricane Lorenzo Loses Power but Swells in Size as It Heads Toward Ireland October 2, 2019 By Brian K. Sullivan Hurricane Lorenzo, the largest storm ever to roam the Eastern Atlantic, is forecast to strike the heart of Ireland’s west...