Although 2024 has seen significant global natural catastrophe activity, economic costs were slightly below average through the third quarter, according to Gallagher Re’s latest Nat Cat report. The total economic loss from natural perils in the first three quarters of …
The UK government has urged people to ensure they are prepared for flooding this winter after an unusually wet September. The warning marks “Flood Action Week” which starts Monday and coincides with the anniversary of last year’s Storm Babet, which …
Southeast Asia could see higher-than-normal rainfall in the coming months, threatening further disruptions to agriculture, tourism, and industrial output in a region already hit by a series of storms this year. Weather forecasters predict wetter conditions from the Philippines to …
A wide cone of uncertainty surrounds insurance experts’ pre-landfall predictions about the state of the industry that will prevail in the aftermath of Hurricane Milton, with most viewing it as a $20 billion-plus loss event. Amid the volumes of commentary …
The remnants of Hurricane Kirk are forecast to hit France on Wednesday, after weakening to a post-tropical cyclone. The storm will bring wind gusts as strong as 150 kilometers (93 miles) per hour to the Pyrenees, according to Météo-France. It …
Australia is likely to see an above average number of severe tropical cyclones this season, according to the nation’s weather agency, which have the potential to damage crops and flood mining operations. The likelihood of more strong storms is higher …
The remnants of Hurricane Kirk are forecast to hit northwest France on Wednesday, bringing heavy rain and gale-force winds. Hurricane Kirk peaked at Category 4 storm over the Atlantic last week, but is weakening as it heads toward Europe. Still, …
Southern Taiwan worked on Friday to clear up damage from flooding and high winds after Typhoon Krathon slammed into a major port city, while most of the rest of the island resumed work and financial markets re-opened. Krathon, now downgraded …
The Federal Emergency Management Agency can meet immediate needs but does not have enough funding to make it through the hurricane season, Homeland Security Secretary Alejandro Mayorkas told reporters Wednesday. The agency is being stretched as it works with states …
Forecasters had warned for days that Hurricane Helene was likely to cause widespread devastation. But when the powerful storm struck Florida and barreled through the eastern US last week, killing more than 180 people and taking whole communities offline, it …
