Update: German Flood Claims Estimated at $1.1B, Says Fitch Ratings June 7, 2016 By Jan-Henrik Förster and Oliver Suess Insurers will face higher-than-expected claims related to floods in Germany, according to Fitch Ratings, dealing another blow to an industry...
Australia’s Storms Estimated to Cost Insurers $28 Million: Insurance Council June 6, 2016 The Insurance Council of Australia (ICA) has declared an insurance catastrophe after the storms that pounded the east coast of...
Insured Losses from French Floods May Total $682M: Industry Association AFA June 6, 2016 By Helene Fouquet Insurance executives meet with government officials in Paris Monday to assess the cost of flooding in the Centre and Ile-de-France...
PERILS Revises Loss Estimate for UK Floods from Storm Desmond to $861.4M June 3, 2016 The insured property loss estimate for floods that hit the UK from Dec. 4 to 24, 2015, following Storm Desmond...
Torrential Rain Triggers Floods in France; Seine Rises to Highest Level in 34 Years June 2, 2016 By Angeline Benoit and Rudy Ruitenberg Paris’s Seine River rose to its highest level in more than 34 years, disrupting train traffic and prompting the Louvre...
Update: Flash Floods Hit SE Germany, Killing at Least 8; AIR Worldwide Comments June 2, 2016 By Angeline Benoit and Oliver Suess Torrential rain, thunderstorms and flash floods that have inundated towns in southeastern Germany in recent days took the death toll...
Canada ‘Needs to Do More’ to Mitigate Climate Disasters Such as Wildfires, Flood June 1, 2016 The Canadian government needs to do more to mitigate climate disasters such as floods and wildfires, a top green watchdog...
More than 200 Homes Damaged in Wyoming Flooding May 26, 2016 Officials say four homes were destroyed and 200 more were damaged by flooding in Wyoming. The Ranger reported that the...
Flood Damage from UK’s Winter Storms to Cost Insurers $2 Billion: ABI May 25, 2016 Flood damage in Britain from winter storms has resulted in claims for more than 15,000 homes and businesses and is...
Climate Records Keep Shattering with Hottest April in 12th Record-Setting Month May 20, 2016 By Tom Randall The number of climate records broken in the last few years is stunning. But here’s a new measure of misery:...