Third Wave of Severe Flooding Expected in China July 27, 2020 By Bloomberg News China warned that the worst of the deluges that have led millions to be evacuated may be yet to come,...
Excessive Floods Endanger Aging Chinese Dams and Could Cause ‘Black Swan’ Disaster July 22, 2020 By Ryan Woo The dam at a small reservoir in China’s Guangxi region gave way last month after days of heavy rain in...
China to Offer Additional Insurance, Financial Support for Flood-Hit Regions July 20, 2020 China’s banking and insurance regulator on Saturday announced measures to further increase credit and lending support and insurance protection for...
China Braces for Continuing Floods in One of Worst Rainfall Seasons on Record July 13, 2020 China is preparing for flooding in its northern regions that could potentially hurt crop output amid torrential rain that’s lasted...
Heavy Rains Batter China, Raising Flood Alert Levels for Cities on Yangtze River July 6, 2020 SHANGHAI — The central Chinese city of Wuhan, epicenter of the new coronavirus pandemic, raised its flood alert level on...
Global Natural Catastrophes Cost Insurers $50B in 2016: Munich Re January 4, 2017 Insurers paid out around $50 billion for natural disaster claims last year, almost double 2015’s payout of $27 billion, reinsurer...
Typhoon Haima Hits China as Weaker Storm; AIR Worldwide Comments October 21, 2016 By Dominic Lau and Eduard Gismatullin Typhoon Haima made landfall in China after it brushed past Hong Kong, forcing the city’s stock exchange to cancel trading...
Just 2% of China’s July Floods Covered by Insurance, vs. Nearly 70% in U.S.: Aon August 5, 2016 China’s seasonal “Mei-Yu” rainfall in July led to the worst flooding since 1998, bringing total combined economic losses of an...
China Floods Kill 173, Cut Transportation Links; Hit to Economy Expected July 11, 2016 Weeks of torrential rain across central and southern China have caused the country’s worst flooding since 1998, killing 173 people,...
Typhoons a Major Cause of Losses in July: Aon Benfield – Impact Forecasting August 7, 2014 The latest edition of Aon Benfield’s Impact Forecasting’s Global Catastrophe Recap report concludes that Super Typhoon Rammasun, which made separate...