U.S. Hurricane Ida, Haiti Quake, Multiple Major Wildfires Among August’s Disasters: Aon September 13, 2021 Hurricane Ida will likely become one of the costliest U.S. mainland hurricanes on record both on a nominal and inflation-adjusted...
China’s Cities Aren’t Prepared for Extreme Weather Caused by Climate Change August 25, 2021 By Bloomberg News Climate change is making China’s annual summer floods worse, and cities housing millions of people aren’t prepared to handle the...
German, Chinese Insurers Face Record Disaster Claims as Extreme Weather Intensifies August 12, 2021 Extreme precipitation in mid-July resulted in the costliest flooding events on record for German and Chinese insurers, which face potential...
China’s Extreme Weather Provides Wake-Up Call for Under-Insured Local Authorities August 12, 2021 BEIJING – Devastating summer floods in the populous province of Henan in central China are a wake-up call for local...
This Summer’s Extreme Weather Hitting World’s Wealthier Countries August 5, 2021 By Seth Borenstein and Frank Jordans As the world staggers through another summer of extreme weather, experts are noticing something different: 2021’s onslaught is hitting harder...
China Regulator Urges Insurers to Expand Natural Disaster Coverage July 29, 2021 BEIJING – China’s banking and insurance regulator said on Thursday that it will guide insurers to increase investment in natural...
Global Supply Chains Driven to Breaking Point on New COVID Wave, Natural Disasters July 26, 2021 By Jonathan Saul, Muyu Xu and Yilei Sun LONDON/BEIJING – A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South...
Deadly Floods in China, Europe Send Stark Reminder of Climate Change Vulnerabilities July 22, 2021 By Aradhana Aravindan and James Mackenzie Deadly floods that have upended life in both China and Germany have sent a stark reminder that climate change is...
China’s Henan Province Braces for More Rain After Severe Floods Kill at Least 33 July 22, 2021 By Alfred Cang China’s Henan province is bracing for more heavy rain after severe flooding that sparked large-scale evacuations left at least 33...
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...