Insured Losses From Natural Catastrophes Set to Top $100 Billion for 3rd Year in a Row August 22, 2023 By Tom Metcalf and Marion Halftermeyer Claims for weather-related incidents are set to exceed $100 billion for the third year in a row, as floods, hail...
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...
Typhoon Lan Grounds Flights, Halts Trains as It Crosses Japan August 15, 2023 By Nicholas Takahashi Typhoon Lan reached the coast of central Japan early Tuesday, grounding flights and halting trains as residents braced for heavy...
Japan Faces Another Typhoon With Trains, Hundreds of Flights Canceled August 14, 2023 By Nicholas Takahashi and Lisa Du Japan is preparing for its second typhoon in a week, with airline companies canceling flights and rail operators halting some...
Australia’s Climate Risks Are Making Home Insurance Unaffordable August 14, 2023 By Swati Pandey Australian home insurance premiums jumped the most in two decades in the past year, driven by weather catastrophes and higher...
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...
Catastrophe Bond Funds Ranked Among 2023’s Top-Performing Credit Funds August 10, 2023 By Nell Mackenzie Catastrophe bond funds rank among the 10 best performing credit funds this year, as the hurricanes, earthquakes and other disasters...
Severe Convective Storms Top Insured Natural Disaster Losses in H1: Swiss Re August 9, 2023 By L.S. Howard Global natural catastrophes cost insurers US$50 billion in the first half, (H1 2022: $48 billion), with most of the losses...
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...