Insurers Bracing for Thai Flood Claims over $10 Billion November 21, 2011 By Myles Neligan Insurers are bracing themselves for claims in excess of $10 billion after floods in Thailand disabled major foreign-owned manufacturing operations...
Allianz Asia CEO Says Thai Floods Could be Costliest Disaster in a Decade November 18, 2011 By David Fogarty and Kevin Lim Insured losses from Thai floods could be in the double-digit billions of dollars and the disaster will lead to a...
Italy, Southeast France Hit by Heavy Rains, Floods: AIR Analysis November 15, 2011 Catastrophe modeling firm AIR Worldwide has issued a report on the heavy rains, which caused widespread flooding in France and...
Spate of Disasters Exposes Supply Chain Weakness November 14, 2011 When flood waters rose in Thailand, Wal-Mart stores in Japan ran out of mouthwash. “We were out of mouthwash in...
AIR Updates Analysis of Thai ‘Historic’ Flooding; BI Will Impact Insurers November 10, 2011 According to catastrophe modeling firm AIR Worldwide, “historic flooding in Thailand continues to damage residential properties and has interrupted operations...
Health Costs of U.S. Climate Disasters of Last Decade: $14 Billion November 8, 2011 By Deborah Zabarenko Deaths and health problems from floods, drought and other U.S. disasters related to climate change cost an estimated $14 billion...
AIR Worldwide Launches Inland Flood Model for Germany November 8, 2011 Catastrophe risk modeling firm AIR Worldwide has released an inland flood model for Germany, which it said “offers a fully...
Floods Hit France, Italy; UK Motorway Crash Leaves 7 Dead, 51 Injured November 7, 2011 Continuing heavy rains have caused serious flooding in southern France and throughout Italy, with little letup in sight. In western...
FEMA Agrees to Re-Inspect North Carolina Homes November 4, 2011 The Federal Emergency Management Agency says its flood insurance arm will re-inspect more eastern North Carolina homes and businesses damaged...
Aon Benfield Monthly Cat Report Says Thai Floods Insured Loss over $5 Billion November 4, 2011 Aon Benfield’s latest edition of its Monthly Cat Recap report, which reviews the natural disaster perils that occurred worldwide during...