US Home Insurance ‘Bubble’ Closer to Popping as Climate Risks Mount: Report September 20, 2023 By Leslie Kaufman Home insurance costs that have soared in much of the US may get even higher. Tens of millions of properties...
Hong Kong’s Floods to Hit Insurers’ Earnings, Could Pressure Reinsurance Renewals September 18, 2023 The recent devastating floods following Super Typhoon Saola in Hong Kong and other parts of China may add further pressure...
Hong Kong Sees Heaviest Rainfall on Record; Insurance Claims Could Exceed $100M September 8, 2023 By Richard Frost Hong Kong’s heaviest rainstorm since records began in 1884 flooded the financial hub’s streets and sent torrents of water rushing...
Slovenia Estimates €7 Billion Price Tag for Reconstruction After Floods August 31, 2023 By Jan Bratanic Rebuilding from this month’s floods in Slovenia will cost €7 billion ($7.6 billion) over the next five years, Prime Minister...
India Braces for More Rain After Floods, Lightning Kill 2,000 August 18, 2023 Some regions of India are bracing for more torrential rain, raising the risk of further causalities after natural calamities such...
What Are China’s ‘Sponge Cities’ and Why Aren’t They Stopping Urban Floods? August 15, 2023 By David Stanway China has been hit by devastating floods in recent weeks, inundating cities and causing deaths and infrastructural damage, as well...
Norwegian River Dam Partly Collapses After Floods August 10, 2023 By Terje Solsvik and Victoria Klesty A dam on a Norwegian river partly collapsed after heavy rain on Wednesday, sending water gushing through a wide gap...
Slovenia Suffers Its Worst-Ever Floods; Damage Could Top €500M, Prime Minister Says August 7, 2023 LJUBLJANA, Slovenia (AP) – Slovenia has faced the worst-ever natural disaster in its history, Prime Minister Robert Golob said Saturday,...
Slovenia Hit by Worst Floods in More Than a Decade, Killing Several People August 4, 2023 By Jan Bratanic Several people were killed in Slovenia as the southern European nation was hit by some of the worst flooding in...
Beijing Hit With Heaviest Rainfall in at Least 140 Years August 3, 2023 By Andy Wong and Huizhong Wu China`s capital has recorded its heaviest rainfall in at least 140 years over the past few days. The city recorded...