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...
Climate Forecast for 2020s Is Warmer, Stormier and More Extreme: Opinion December 31, 2019 By Faye Flam, Bloomberg Opinion Over the last decade, scientists learned a great deal about the climate, much of it concerning the connection between global...
Torrential Rain Causes Flooding, Mudslides in Japan, Killing at Least 10 October 28, 2019 By Mari Yamaguchi Torrential rain that caused flooding and mudslides in towns east of Tokyo left at least 10 people dead and added...
Insured Losses from Japan’s Typhoon Hagibis Estimated at $8B-$16B: AIR October 22, 2019 Insured losses from Typhoon Hagibis, which made landfall in Japan on Oct. 12, will be between 865 billion Japanese yen...
Re/insurers Rethink Climate Change Risks as Losses Grow from Wildfires, Floods, Hail September 20, 2019 By Lena Masri By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay...
Property Loss Estimate for Australia’s Townsville Floods Rises to A$1.22B: PERILS August 12, 2019 The property insurance market loss from the Australia’s Townsville floods, which affected northern Queensland, Australia, between Jan. 26 and Feb....
Global Floods Cause $8B in Economic Losses During March: Aon Catastrophe Report April 10, 2019 Damage from flooding in March 2019 is estimated at US$8 billion from events across the globe, according to Aon’s “Global...
Floods, Earthquake Pummel Indonesia, Killing More Than 80 March 19, 2019 By Jeffrey Pattirajawane The number of people killed after torrential downpours triggered flash floods and mudslides that tore through mountainside villages in Indonesia’s...