Disasters Damage $12.7 Billion of African Infrastructure a Year September 9, 2025 By Eric Ombok The average annual loss of infrastructure including buildings caused by disasters in Africa is $12.7 billion, according to the Coalition...
Trump Administration Is Rolling Out a New Way to Shrink FEMA’s Role May 30, 2025 By Zahra Hirji When a series of deadly storms and tornadoes pummeled Arkansas in mid-March, downing power lines and tearing up homes, Governor...
New Jersey Group Eyes Insurance Surcharges, Oil Fees to Fund Resiliency Projects July 22, 2024 By Wayne Parry A 2% surcharge on property insurance policies, mandatory fees on the oil and gas industries, and holding a public referendum...
Australia Bushfire Funding ‘Welcome’ but Insurance Tax Rise ‘Unsustainable’: ICA May 21, 2021 The Insurance Council of Australia (ICA) welcomed the budget announcement from the state of Victoria of funding of A$517 million...
Rooke Appointed Director of Climate Transition Risk at Willis Towers Watson October 15, 2020 Willis Towers Watson, the global advisory, broking and solutions company, announced the appointment of Tony Rooke as director of Climate...
Insurance Development Forum Launches Insurance Program for Peruvian Schools September 18, 2020 The Insurance Development Forum (IDF), a public-private partnership led by the insurance industry and supported by international organizations, announced the...
WTW Taps Nat Re’s Hidalgo as Head of Capital Science and Policy in Southeast Asia June 6, 2019 Willis Towers Watson announced the appointment of Augusto Hidalgo as head of Capital, Science and Policy (CSP) in Southeast Asia....
New Washington Law Requires Plan for Statewide Disaster Resilience May 14, 2019 Washington Insurance Commissioner Mike Kreidler’s proposal to prepare for and mitigate the effects of climate disasters was signed into law...
Washington Commissioner’s Request for Disaster Resilience Plan Passes Senate March 5, 2019 Washington Insurance Commissioner Mike Kreidler’s proposal to prepare for and mitigate the effects of climate disasters passed the state Senate...
Zurich’s Flood Resilience Alliance Extended to Generate Additional Funding of $1B July 10, 2018 Zurich Insurance Group announced that after five successful years its flood resilience alliance will be extended until 2023. In the...