Insured Losses for Floods in Southern Germany Estimated at €1.6B: PERILS July 18, 2024 The recent floods in southern Germany will cost insurers an estimated €1.568 billion (US$1.7 billion), according to PERILS, the independent...
Islamic Insurance Helps Cover Muslim Farmers Battling Climate Change July 18, 2024 By Betsy Joles On his four and a half acres of land in central Pakistan, Izhar ul-Haq approaches farming as a science. He...
South Africa Storms in Western Cape Cause Damage to 35,000 Homes July 12, 2024 By Ntando Thukwana Storms that pounded South Africa’s Western Cape province have led to flood damage affecting more than 35,000 households in the...
FEMA Is Ready for Hurricane and Wildfire Seasons, but Money a Concern June 24, 2024 By Rebecca Santana The head of the Homeland Security Department said Friday that the agency tasked with responding to disasters across the country...
Europe Braces for Heat Following Greek Fires and Swiss Floods June 24, 2024 By Jessica Shankleman European capitals are bracing for heat wave conditions, following wildfires in Greece and flooding in Switzerland over the weekend. High...
Southern Germany Floods to Cost Insurers $2.6 Billion-$3.9 Billion: Verisk June 20, 2024 Estimated insured losses from flooding, which hit Southern Germany on May 15-June 5, will range from €2.4 billion (US$2.6 billion)...
The Era of Super-Wild Weather Is Already Here June 19, 2024 By Eric Roston, Eamon Farhat and Brian K. Sullivan Wildfires in Canada that burned continuously for over a year. Floods that brought Dubai to a standstill. Deadly heat blanketing...
Insured Flood Losses in Germany Could Range From US$2.1B to US$3.2B: Moody’s RMS June 14, 2024 Insured losses from floods that hit Central Europe between Thursday, May 30 and Monday, June 3 will likely fall within...
Climate Change Made Deadly Brazil Floods Twice As Likely, Study Finds June 5, 2024 By Leslie Kaufman Greenhouse gases produced by human activity made the recent deadly flooding in Brazil twice as likely as it would have...
Insurers Expect Major Loss Event From Floods in Southern Germany June 4, 2024 Insurers are preparing for an above-average loss event as a result of floods in southern Germany. “The pictures from Bavaria...