Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been...
secondary perils News
Severe storms battered islands in Greece for a second day on Tuesday [April 1], with Crete experiencing the heaviest rainfall....
Jana, Konrad, Laurence and Martinho — the unprecedented string of four named storms that barreled through the Iberian peninsula in...
Spain is seeking European approval to repurpose more than a billion euros of post-pandemic recovery funds to make Valencia more...
Insurers saw the third most expensive year for natural catastrophe losses in 2024 – reaching a total of US$140 billion...
After emerging from an unusually active hurricane season with market-beating returns, catastrophe bonds are rapidly adding investors. Despite the increase...
Last month’s catastrophic floods in eastern Spain are likely to have a negative impact of 0.2 percentage points on the...
Economic losses caused by natural catastrophes reached an estimated US$280 billion in 2023, with US$51.6 billion of that total due...
Total insured losses from recent floods in Spain are expected to exceed €4 billion (US$4.2 billion), according to credit rating...
South Africa declared a national disaster after floods and storms caused widespread damage in the country, allowing the government to...