Insured Losses for New Zealand North Island Floods Estimated at NZ$1.8B: PERILS May 8, 2023 Insured losses for New Zealand’s North Island floods of Jan. 27 to Feb. 2 are estimated at NZ$1.75 billion ($1.1...
Western Australia Assesses Damage From Cyclone Ilsa’s ‘Path of Destruction’ April 17, 2023 Emergency authorities in Western Australia were assessing damage on Saturday from a tropical cyclone that hit the state’s northwest, sparing...
Western Australia’s Iron Ore Export Hub Reopens as Cyclone Moves Inland April 14, 2023 By Jason Scott and Ben Sharples The key iron ore export hub of Port Hedland reopened after the biggest cyclone to hit Western Australia in at...
Australia’s Iron Ore Export Hub Braces for Powerful Cyclone Ilsa April 13, 2023 By Renju Jose Australia’s northwest region, home to the world’s largest iron ore export hub, braced on Thursday for the area’s most powerful...
Western Australia Could Be Hit by Biggest Cyclone in Almost a Decade April 11, 2023 By Ben Sharples Western Australia could be hit by the largest cyclone in almost a decade this week, with the weather system predicted...
The U.S. Leads the World in Weather Catastrophes – Here’s Why April 3, 2023 By Seth Borenstein The United States is Earth’s punching bag for nasty weather. Blame geography for the U.S. getting hit by stronger, costlier,...
FEMA Index Offers Closer Look at Social Risks in Disaster Resilience March 31, 2023 By Leslie Kaufman The free digital tool that the US government gives communities to help evaluate local risks from 18 natural hazards is...
Typhoon-Prone Philippines to Launch Insurance Plan for Infrastructure Losses March 30, 2023 By Manolo Serapio Jr. and Ditas Lopez The Philippines is readying an insurance plan that will protect the Southeast Asian nation from infrastructure losses caused by natural...
Natural Catastrophes Cost Insurers $125 Billion in 2022: Swiss Re March 22, 2023 By L.S. Howard Natural disasters in 2022 brought global economic losses of US$275 billion, of which insurance covered 45%, or US$125 billion, according...
Insured Losses From N. Zealand Floods Estimated at US$1.02B, With Profit Hit Expected March 15, 2023 By L.S. Howard The initial insured losses for the recent floods in the North Island of New Zealand are estimated at NZ$1.65 billion...