German Reinsurers Report Q1 Profits Down Sharply on Los Angeles Wildfire Claims May 13, 2025 By Tom Sims and Alexander Hübner Germany’s largest reinsurers, Munich Re and Hannover Re, reported sharp declines in first-quarter profit on Tuesday after a combined 1.7...
Second Person Charged With Arson in New Jersey Pine Barrens Fire May 5, 2025 A second person has been charged with arson in the wildfire in New Jersey’s Pine Barrens that has grown into...
Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils April 30, 2025 By L.S. Howard Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been...
New Jersey Wildfire 75% Contained; Crews to Remain on Scene Until ‘Significant’ Rain April 29, 2025 The New Jersey Forest Fire Service reported continued progress in fighting the Jones River wildfire, with the fire being 75%...
UK’s Extremely Dry Start to Year Raises Crop and Wildfire Risks April 24, 2025 By Joe Wertz The UK’s driest start to the year in four decades is threatening the country’s grain crops and increasing the risk...
Global Natural Disasters Cost Insurers $53B in Q1, With Economic Losses of $83B April 21, 2025 By L.S. Howard Global natural catastrophes had an insured price tag of more than $53 billion during the first quarter of 2025 –...
South Korea Contains Main Blazes in Week-Old Forest Fires March 28, 2025 By Minwoo Park and Daewoung Kim South Korean authorities have contained the main blazes in the country’s largest forest fire on record, a minister said on...
South Korea Battles Wildfires as Death Toll Rises to 18 March 26, 2025 By Soo-hyang Choi Wildfires ravaging South Korea over the past week have killed at least 24 people, making it the country’s worst forest...
Wildfires in Western Japan Damage Homes, Forcing Evacuations March 25, 2025 By Mari Yamaguchi Wildfires have hit several regions in western Japan, injuring at least two people, forcing dozens of residents to evacuate and...
Delaware Forest Service Warns of Elevated Wildfire Risk March 14, 2025 Delaware officials are reporting that the ongoing drought and current weather conditions have caused an uptick in wildfires in all...