Jamaica to Get 2nd Parametric Insurance Payout for Excess Rainfall From Storm Melissa November 7, 2025 The Caribbean parametric insurer, CCRIF SPC, announced it will make a second payout of US$21.1 million to the government of...
KCC Estimates Privately Insured Losses From Hurricane Melissa Will Hit $2.4 Billion November 6, 2025 By L.S. Howard Catastrophe modeling company KCC estimates that privately insured losses from Hurricane Melissa will hit $2.4 billion. This estimate includes insured...
Here’s How Much Hurricane Melissa Was Worsened by Climate Change November 6, 2025 By Eric Roston Hurricane Melissa became the most powerful storm on record to strike Jamaica in part because of water made hotter and...
Update: Jamaica to Get Record $70.8M Parametric Payout for Hurricane Melissa November 4, 2025 The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will make a payout of US$70.8 million to the government of...
Ex-PIMCO Executive Plans to Launch Europe’s First ETF Based on Catastrophe Bonds October 28, 2025 By Gautam Naik Europe may soon get its first exchange-traded fund based on catastrophe bonds. An application to register the ETF was filed...
Deadliest Philippine Quake in 12 Years Kills 69, Rescue Underway October 1, 2025 By Cliff Venzon and Neil Jerome Morales At least 69 people were killed and more than 100 injured after a 6.9 magnitude earthquake struck central Philippines Tuesday...
New Zealand to Ease Strengthening Rules on Quake-Prone Buildings September 29, 2025 By Tracy Withers New Zealand is changing the way it assesses earthquake-prone buildings in an attempt to reduce costs and confusion for owners....
Storm Ragasa Nears Vietnam After Soaking Southern China September 25, 2025 By Mary Hui Tropical Storm Ragasa is moving toward northern Vietnam, threatening to drench the capital of Hanoi with heavy rain, after weakening...
Former California Insurance Commissioner Carries on Climate Change Crusade September 9, 2025 By Don Jergler When Dave Jones first started talking about climate change and what insurers should be doing about it some 15 years...
Disasters Damage $12.7 Billion of African Infrastructure a Year September 9, 2025 By Eric Ombok The average annual loss of infrastructure including buildings caused by disasters in Africa is $12.7 billion, according to the Coalition...