Cyclone Gabrielle Leaves Trail of Destruction Across New Zealand’s North Island February 14, 2023 By Tracy Withers Cyclone Gabrielle has started to track away from New Zealand after leaving a trail of destruction across large parts of...
Cyclone Gabrielle Hits New Zealand Leaving Thousands of Homes Without Power February 13, 2023 By Tracy Withers Tens of thousands of homes in northern New Zealand are without electricity as a powerful cyclone begins lashing the South...
New Zealand Braces for Cyclone Gabrielle, Just Days After Devastating Floods February 10, 2023 By Lucy Craymer Residents of Auckland, New Zealand’s largest city, are being asked to prepare for further bad weather as a system described...
Global Reinsurers to Bear Bulk of Losses From Turkey-Syria Earthquake: Fitch February 9, 2023 Most insurance payouts due to the earthquake that hit Turkey and Syria ultimately will be borne by global reinsurers, according...
Quake Latest: Turkey Declares Emergency Rule; Death Toll Rises Across Turkey, Syria February 8, 2023 By Bloomberg News Turkey declared a three-month state of emergency in areas struck by two massive earthquakes earlier this week, allowing the government...
Hundreds of Shipping Containers Ablaze at Turkey’s Iskenderun Port; Operations Halted February 7, 2023 Hundreds of shipping containers were ablaze at Turkey’s Iskenderun Port on Tuesday, shutting down operations and forcing freight liners to...
Update: Powerful Earthquakes Hit Turkey and Syria With at Least 4,000 Killed February 6, 2023 By Selcan Hacaoglu and Firat Kozok Rescue teams from overseas began deploying in Turkey on Tuesday after a pair of powerful earthquakes a day earlier killed...
New Zealand Provides NZ$700,000 in Additional Funding for Post-Flood Rebuilding February 2, 2023 By Lucy Craymer New Zealand’s government on Thursday announced NZ$700,000 ($450,000) in additional funding to help rebuild flood-ravaged Auckland and other areas in...
Rising Costs of Secondary Perils Force Reinsurers to Require Higher Attachment Points January 31, 2023 By L.S. Howard Economic and insured losses from secondary perils from natural catastrophes are accelerating and surpassing the loss totals from primary perils,...
New Zealand Braces for More Flooding From Another Rain Deluge January 31, 2023 By Tracy Withers Auckland is bracing for another rain deluge later Tuesday that threatens more surface flooding and land slips on ground already...