Greece Wildfire Threatens Homes Near Athens June 6, 2022 By Demetris Nellas and Theodora Tongas ATHENS, Greece (AP) – Greek firefighters on Sunday were battling a wildfire for a second day near two Athens suburbs....
Hurricane Agatha Brings Flooding, Mudslides to Mexico, Killing at Least 11 June 2, 2022 By Jose Maria Alvarez SAN ISIDRO DEL PALMAR, Mexico (AP) – Hurricane Agatha caused flooding and mudslides that killed at least 11 people and...
North Atlantic Hurricane Season Begins With Ripe Conditions for Above-Average Activity June 1, 2022 By L.S. Howard As the North Atlantic hurricane season begins officially today, forecasters continue to predict above-average storm activity. The pre-season forecast update...
Season’s First Hurricane Pummels Mexico With Strong Winds, Heavy Rain May 31, 2022 By Brian K. Sullivan Hurricane Agatha made landfall in Mexico’s Oaxaca state Monday afternoon in what’s expected to be the strongest May storm to...
Natural Disasters, Ukraine War Weigh on Q1 Results of Europe’s Major Reinsurers May 16, 2022 By L.S. Howard Three out of four of the major European reinsurers reported their profits were negatively affected as a result of elevated...
Insurance Price Tag for Australia’s Record-Breaking Floods Estimated at A$3.35B: ICA May 6, 2022 The storms and floods that hit South-East Queensland and coastal New South Wales in February and March are likely to...
Swiss Re Reports Q1 Loss as Ukraine War, Natural Disasters and COVID Take Their Toll May 5, 2022 By L.S. Howard Swiss Re reported a group net loss of $248 million during the first quarter, as a result of headwinds such...
Insured Losses From Eastern Australia Floods Estimated at A$4B: PERILS April 21, 2022 Initial insurance losses for the Eastern Australia floods are estimated at A$3.99 billion (US$2.97 billion), according to PERILS, the independent...
Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon April 18, 2022 By L.S. Howard Preliminary economic losses from natural hazards billion during the first quarter of 2022 totaled $32, of which less than 50%...
Update: South Africa’s Deadliest Floods in 6 Decades Claim More Than 300 Lives April 14, 2022 By Rene Vollgraaff and S'thembile Cele South Africa declared floods that killed more than 300 people in the eastern KwaZulu-Natal province a disaster, enabling the government...