Extreme Weather Threatens Global Wheat Crops – With One Notable Exception May 12, 2022 By Megan Durisin, Kim Chipman, Jen Skerritt and James Poole As Russia’s invasion chokes off Ukrainian wheat exports, pushing up bread and noodle prices, the global harvest faces an added...
Financial Services Firms Face Losses of $225B From Variety of Water Risks: Report May 5, 2022 By Simon Jessop and Tommy Wilkes Financial institutions face losses of at least $225 billion from risks related to water, with a third of them doing...
Floods Drive Economic Losses in 2021, but Only 25% of Risks Are Insured: Swiss Re March 30, 2022 By L.S. Howard More than 50 severe flood events around the world caused combined economic losses of US$82 billion in 2021, while insured...
Trans-Siberian Railway Bridge Resumes Operations After Repair of Flood Damages July 27, 2021 MOSCOW — Russia said on Tuesday it had fully restored train travel over a Trans-Siberian railway bridge in its far...
Flooding Damages Bridge on Russia’s Trans-Siberian Railway, Blocking Traffic July 23, 2021 MOSCOW – Flooding has damaged a bridge on Russia’s Trans-Siberian railway in its Far East, suspending traffic in the area,...
‘Sunny Day’ Floods Will Increasingly Inundate U.S. Coasts as Sea Levels Rise: NOAA July 15, 2021 By Brian K. Sullivan Record high-tide flooding washed over U.S. coasts in the past year, and rising sea levels are expected to send the...
North Carolina Looks to Protect Outer Banks Highway from Storms, Sea Level Rise June 22, 2021 A task force has been formed with the aim of saving the main highway on North Carolina’s Outer Banks from...
Insurance Council of Australia Declares Catastrophe for Parts of New South Wales March 22, 2021 The Insurance Council of Australia (ICA) has declared a Catastrophe for large parts of New South Wales, a state in...
Australia Battered by Worst Flooding in 60 Years March 22, 2021 By Jill Gralow and Renju Jose PITT TOWN, Australia — Australia was set on Monday to evacuate thousands more people from suburbs in Sydney’s west, battered...
Grounded Airplanes at Risk from Asia’s Tropical Storm Season, Industry Experts Warn June 3, 2020 By Jamie Freed and Ben Blanchard Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region’s tropical storm...