Catastrophe Bond Funds Ranked Among 2023’s Top-Performing Credit Funds August 10, 2023 By Nell Mackenzie Catastrophe bond funds rank among the 10 best performing credit funds this year, as the hurricanes, earthquakes and other disasters...
Heat, Humidity Kill Hundreds of Cattle During World’s Hottest Month August 9, 2023 By Tom Polansek Hundreds of cattle died in Iowa from extreme heat and humidity in late July, the state and livestock producers said,...
Beijing Hit With Heaviest Rainfall in at Least 140 Years August 3, 2023 By Andy Wong and Huizhong Wu China`s capital has recorded its heaviest rainfall in at least 140 years over the past few days. The city recorded...
Europeans Lack Insurance Protection as Wildfires and Drought Batter the Region August 3, 2023 By Natasha White Europeans are among the least insured against certain types of extreme weather and other natural disasters in the developed world,...
Yellen Says Extreme Weather Exposes Gaps in Insurance Protection August 1, 2023 By Christopher Condon Treasury Secretary Janet Yellen said the weather-related havoc playing out across the US is exposing a “protection gap” for Americans...
Wildfire Risk Climbs for Spain as Heat Wave Moves to Iberia July 31, 2023 By Eamon Akil Farhat and Paul Tugwell The focus of Europe’s heat is switching to Spain, with a high risk of wildfires in southern parts of the...
Extreme Weather Risks May Make Parts of the World ‘Uninsurable’ July 31, 2023 By Rodrigo Orihuela and Anna Edwards Soaring global temperatures may make large parts of the world “uninsurable,” according to Spain’s largest insurance firm. Climate change “has...
US Lawmakers Turn to Louisiana for Experience on Climate Change Impacts to Infrastructure July 28, 2023 By Sara Cline BATON ROUGE, La. (AP) – This summer – as blistering heat waves scorched the Southwest, wildfire smoke from Canada choked...
Global Natural Disasters Cost Insurers $43B in H1, Surpassing 10-Yr Average: Munich Re July 28, 2023 By L.S. Howard Natural disasters during the first half of 2023 cost insurers an estimated US$43 billion with an overall economic price tag...
Ocean Temperatures Hit 90 Degrees, Fueling Weather Disasters July 28, 2023 By Brian K. Sullivan Heat searing enough to knock out mobile phones. Wildfire smoke that turns the skies an apocalyptic orange. Flash floods submerging...