Greece Fights Deadly Fire on Aegean Island as Temperatures Soar July 12, 2024 By Sotiris Nikas Greece is fighting a deadly fire on the island of Lesvos, as temperatures in some parts of the country exceed...
Wildfires Encircle Canada’s Oil-Sands City Amid Hot Weather July 12, 2024 By Robert Tuttle A ring of wildfires has erupted around Canada’s unofficial oil-sands capital of Fort McMurray, adding new threats to crude production...
Damage From Hurricane Beryl May Cost Insurers $2.7B in US, $510M in Caribbean: KCC July 11, 2024 Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe...
Hurricane Beryl Triggers Record Payout for Caribbean Insurer July 11, 2024 By Jim Wyss Hurricane Beryl’s path of destruction through the Caribbean last week triggered a record $44 million payout to the nation of...
Caribbean Braces for Economic Punch After Season’s Deadly 1st Hurricane July 10, 2024 By Sarah Morland Leaders across the Caribbean were still tallying the financial toll wrought by the earliest Atlantic storm on record to intensify...
Greece Evacuates Hospital as Wildfire Threatens City of Patra July 9, 2024 By Sotiris Nikas Greek authorities evacuated a hospital after a wildfire broke out in Patra, the country’s third-biggest city. Firefighters, assisted by planes...
Reinsurers’ Appetite Grows During Mid-Year Renewals but Discipline Remains: Brokers July 8, 2024 By L.S. Howard Reinsurance buyers generally saw positive outcomes during the mid-year renewals, finding adequate capacity to meet cedents’ increasing demand for protection...
Catastrophe Bonds Dodge Losses After Beryl Hits Jamaica July 8, 2024 By Gautam Naik Investors in bonds intended to help Jamaica cover the costs of a natural catastrophe won’t be affected by the havoc...
Beryl Regains Strength, On Track to Reach Texas as Hurricane July 8, 2024 By Will Wade Tropical Storm Beryl is gaining strength as it lumbers toward the south Texas coast, and is expected to become a...
Update: Beryl Rakes Mexico’s Yucatan With Hurricane Winds and Heavy Rain July 5, 2024 By Brian K. Sullivan and Peter Millard Hurricane Beryl pummeled Mexico’s Yucatan Peninsula with tree-toppling gusts and flooding rains, weakening slightly as it came ashore after leaving...