Italy to Require Companies Buy Insurance for Climate Risks December 3, 2024 By Gautam Naik Starting Jan. 1, every company in Italy must buy insurance to protect its assets from floods, landslides and other natural...
South Africa Declares National Disaster After Floods, Storms November 13, 2024 By Rene Vollgraaff South Africa declared a national disaster after floods and storms caused widespread damage in the country, allowing the government to...
North-Central Italy Sees Floods, Road Closures After Heavy Rains October 21, 2024 By Alberto Brambilla Floods engulfed parts of north-central Italy from overflowing rivers following days of heavy rain, prompting the state-led road operator to...
Insured Losses from Central European Floods Range From US$2.2B to US$3.4B: Verisk October 2, 2024 Insured industry losses from the flooding in the Czech Republic, Poland and Austria in September 2024 will range from €2...
Central European Insurers’ Financial Strength to Remain Solid Despite Severe Floods September 25, 2024 By L.S. Howard The heavy rains and severe floods of Storm Boris, which inundated Central and Eastern Europe during the second week in...
Climate Change Made Europe’s Deadly Floods Worse and More Likely September 25, 2024 By Olivia Rudgard and Eamon Akil Farhat Record rainfall leading to flooding that killed 24 people in Europe earlier in September was twice as likely due to...
Flood Damage on Key Austrian Rail Link to Take Months to Repair September 24, 2024 By Jonathan Tirone Austria’s national railways will need months to restore the country’s busiest train line after catastrophic floods wrecked infrastructure, throttling the...
Extreme Weather Adds to Fiscal Strains in Central Europe September 20, 2024 By Jan Lopatka, Karol Badohal and Gergely Szakacs Just a week ago, before deadly floods swept through central Europe, the Czech Republic looked on track to become the...
Historic Rainfall Inflicts Chaotic Floods Across Four Continents September 19, 2024 By Lauren Rosenthal and Brian K. Sullivan Severe rains bucketed down on central Europe, Africa, Shanghai and the US Carolinas this week, underscoring the extreme ways in...
Central Europe Flood Deaths Rise as Citizens Race to Build Defenses September 18, 2024 By Kacper Pempel Volunteers and emergency personnel raced to secure river banks and buildings in Poland and Hungary on Tuesday as flood waters...