Earthquake Hits Croatia, a Month After Another Tremor Causes Damages of $6B April 23, 2020 By Jasmina Kuzmanovic An earthquake rattled Croatia’s capital, a month after a stronger tremor left Zagreb in need of $6 billion for renovation,...
UK Insurance Claims from Storms Ciara and Dennis Estimated at US$473.7M March 9, 2020 Insurers expect to make payments to customers hit by the recent Storms Ciara and Dennis of over £363 million (US$...
Insured Property Losses for Australia’s January Hailstorms Hit A$670M: PERILS March 4, 2020 The initial insured property losses for January’s hailstorms in Australia are estimated at A$670 million (US$746.7 million), according to PERILS,...
UK Insurers Could See Underwriting Losses After Storms Ciara, Dennis: Fitch February 21, 2020 Losses from storms Ciara and Dennis, which brought strong winds, torrential rain and widespread flooding to the UK, will increase...
Update: UK Issues Severe Flood Warnings as Rivers Peak After Storm Dennis February 19, 2020 Residents in central England and Wales piled up sandbags, readied water pumps and hoped for the best Tuesday as rivers...
Storm Ciara Batters Europe with Hurricane-Force Winds, Killing at Least 5 People February 11, 2020 By Frank Jordans and Pan Pylas A strong winter storm that has battered Europe with hurricane-force winds and heavy rains and killed at least five people...
Australia’s Capital, Canberra, Faces Worst Bushfire Threat in 17 Years January 29, 2020 By Jason Scott Canberra, Australia’s capital that’s surrounded by bush, is facing its worst wildfire threat in 17 years as a blaze sparked...
Australian Insurers Should Be Able to Withstand Mounting Bushfire Claims: AM Best January 27, 2020 Australian insurers are well-capitalized and should be able to withstand losses from the 2019/2020 bushfire season, aided by strong capital...
As Insurers Pull Back from Australia’s Bushfire Zones, They Could Become Uninhabitable January 24, 2020 By Matthew Burgess Australian wildfires that have razed thousands of homes and blackened an area about the size of England may also create...
Bushfire-Ravaged Australians Face Choice in Era of Climate Change: Rebuild or Leave? January 23, 2020 By Sybilla Gross and Emily Cadman It took two years for Nigel Allison to build his mud-brick house on a sleepy southeastern tip of Australia, and...