Hurricane Melissa Shows How Quickly Climate Change Is Outstripping Defenses November 12, 2025 By Todd Woody Jamaica has invested tens of millions of dollars in bolstering coastal defenses by planting mangroves, building seawalls and strengthening urban...
Japan Firms Win Big Benefits From Spending on Climate Resilience, CDP Says November 10, 2025 By Yusuke Maekawa Companies in Japan are likely to win greater benefits than global peers from spending on climate resilience, according to CDP,...
Catastrophe Bonds Absorb ‘Black Swan’ Event Dealt by Melissa November 10, 2025 By Gautam Naik A rare thing is about to happen in the $55 billion market for catastrophe bonds: a trigger event will wipe...
Jamaica Catastrophe Bond Headed for Full Payout After Hurricane, World Bank Says November 7, 2025 By Gautam Naik Investors in Jamaica’s catastrophe bond now face a 100% payout after Hurricane Melissa set off a full trigger event, according...
Insured Losses From Hurricane Melissa Could Reach $4.2 Billion, Verisk Estimates November 3, 2025 Insured losses from Hurricane Melissa’s strike on Jamaica are expected to range between $2.2 billion and $4.2 billion, according to...
Vietnam Flood Deaths Rise as New Storm Tracks Toward Coast November 3, 2025 By Francesca Stevens and Mary Hui The death toll in Vietnam from last week’s record-breaking downpours has climbed to 37 as another powerful storm bears down...
Jamaica Catastrophe Bond Has Now Triggered, Government Says November 3, 2025 By Lauren Rosenthal and Gautam Naik Jamaica’s catastrophe bond has now triggered as a result of the fallout from Hurricane Melissa, the government said. “Over the...
Melissa Jamaica Damage Seen Costing Insurers Up to $3 Billion October 31, 2025 By Alexandre Rajbhandari The wreckage caused by Hurricane Melissa in Jamaica is expected to cost insurers $1 billion to $3 billion, according to...
Hurricane Melissa to Bring Wet, Windy Weather to Northern Europe October 31, 2025 By Joe Wertz and Kari Lundgren Hurricane Melissa is forecast to dissipate in the Atlantic Ocean next week, bringing wet and windy weather to northern Europe...
Satellite Data Reveals Hurricane Melissa Damage in Jamaica October 31, 2025 By Josh Saul, Krishna Karra, Christopher Cannon and Mary Hui As Hurricane Melissa sweeps past Bermuda, new satellite data of Jamaica has revealed devastation for tourist center Montego Bay and...