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...
Insured Property Loss for Northern Australia Floods Estimated at A$957M: PERILS March 18, 2019 Initial insured property losses for floods that recently affected northern Queensland, Australia, and in particular the city of Townsville, are...
Australia Floods Cost Insurers US$635M in February: Aon’s Catastrophe Recap March 8, 2019 Australia’s Northern Queensland experienced widespread flooding from Jan. 26 to Feb. 7, which cost insurers more than A$893 million (US$635...
January’s U.S. Storms, Australia Floods Bring Economic Damages Near $2B: Aon February 11, 2019 Multiple winter storms and extreme cold led to 45 deaths and cost the U.S. economy $1 billion during January, according...
Insurance Covered $90B of Natural Disaster Losses in 2018, Leaving 60% Protection Gap January 22, 2019 The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of...
Flash Floods Tear Through Towns in SW France, Killing at Least 7 People October 16, 2018 By John Leicester Flash floods tore through towns in southwest France, turning streams into raging torrents that authorities said killed at least seven...