First Half Insured Losses From Natural Disasters Reach 10-Year High July 21, 2021 Insured losses from natural disasters hit a 10-year high of $42 billion in the first half of 2021, with the...
Update: China Province Deluged by 1,000-Year Flood, with Rising Death Toll July 21, 2021 By Ryan Woo and Stella Qiu BEIJING – At least least 25 people have died in China’s flood-stricken central province of Henan, a dozen of them...
German Floods Will Be Expensive but Unlikely to Burn Through Insurers’ Earnings: Fitch July 20, 2021 The recent severe floods in Germany could add up to 5 percentage points to German non-life insurers’ net combined ratios...
Death Toll from European Floods Rises Above 180 July 19, 2021 By Geir Moulson The death toll from flooding in Western Europe climbed above 180 on Sunday after rescue workers dug deeper into debris...
Germany Reels from Flood ‘Catastrophe’; Insurers Expect Costly Claims for 2021 July 16, 2021 By Stefan Nicola and Birgit Jennen Chancellor Angela Merkel pledged swift help backed by “all the power of the state” for people affected by devastating flooding...
Storms Cause Heavy Flooding Across Parts of Western and Central Europe July 15, 2021 Storms caused heavy flooding across parts of western and central Europe overnight, with one man missing after being swept away...
Canada Orders Rail Transport Restrictions in Areas with High Wildfire Risk July 12, 2021 By Steve Scherer OTTAWA – Canada on Sunday ordered rail transport restrictions for areas where there is a high wildfire risk after a...
Europe, U.S. and Canada Slammed by Record Weather Catastrophes in June: Aon July 12, 2021 June 2021 left Europe with its costliest severe storm period on record. Meanwhile, over in the U.S. in Canada, record-setting...
Insured Losses for March’s New South Wales, Queensland Floods Estimated at A$916M June 28, 2021 PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, disclosed its second industry loss estimate for the New...
Update: Hurricane Enrique Brushes Past Mexico’s Pacific Coast June 28, 2021 MEXICO CITY – The first hurricane of the eastern Pacific season brushed past the coastal shoulder of southwestern Mexico Monday,...