Study of European Flood Trends Finds North-South Climate Variances August 29, 2019 By Eric Roston European river flooding has grown more intense in northwestern Europe and decreased in the south over the last half century,...
Storms, Torrential Floods Lash Sicily, Killing at Least 12 People November 5, 2018 By Frances D'Emilio Storms lashing Sicily have killed at least 12 people with torrential floods, Italian authorities said as the country’s leader headed...
Climate Change Altering River Flood Patterns in Europe: Study August 14, 2017 By Frank Jordans Climate change is affecting the timing of river floods across Europe and societies may have to adapt to avoid future...
Climate Change Is Major Concern for 78% of SMEs: Zurich Report November 4, 2016 Climate change is a major concern for small and medium-sized enterprises (SMEs), according to Zurich Insurance Group’s fourth annual global...
RMS Releases Suite of Europe Inland Flood Risk Data to Open U/W Opportunities August 22, 2016 RMS, the Newark, Calif.-based catastrophe risk management firm, has released a suite of Europe inland flood hazard data products. Describing...
Allianz Q2 Profit Drops 46% on Nat Cat Claims, Expected Sale of South Korea Unit August 5, 2016 By Oliver Suess Allianz SE said second-quarter profit almost halved, missing estimates, as Europe’s biggest insurer faced higher claims from natural disasters and...
XL Estimates Q2 Cats to Cost $240M, Led by Alberta Wildfires July 14, 2016 By Agnel Philip XL Group Plc, the insurer that expanded last year with the purchase of Catlin Group Ltd., said second-quarter catastrophe costs...
Allianz Q4 2015 Profit Rises to $1.6B on Cat Claims; Lower Than Analyst Estimates February 19, 2016 By Oliver Suess Allianz SE missed analyst estimates for fourth-quarter profit because of claims from natural catastrophes. Net income at Europe’s biggest insurer...
Swiss Re Reports 2013 Disaster Losses at $130 Billion; $44 Billion Insured December 18, 2013 According to preliminary estimates from Swiss Re’s latest sigma report, insured losses from natural catastrophes and man-made disasters in 2013...
Swiss Re Estimates Europe Flood Claims at $300 Mn; Overall Losses $3.5-$4.5 Bn July 8, 2013 Swiss Re has estimated that its claims burden from recent flooding in central and Eastern Europe is approximately $300 million,...