Germany Evacuates Nearly 2,000 People as Wildfire Spreads in the West August 14, 2026 More than 2,000 people evacuated their homes in western Germany on Friday, after a wildfire near the Belgian border spread...
Viewpoint: Is it Time to Rethink the ‘Secondary-Peril’ Label and Reclassify Risk? August 12, 2026 By Vikas Wadhera As climate events intensify, exposure is expanding, and loss severities from secondary perils, such as convective storms, wildfires, floods and...
Wildfires, Storms, Floods Account for Record 92% of Global Insured Losses: Swiss Re March 23, 2026 By L.S. Howard Wildfires, severe convective storms and floods — also known as secondary perils — have driven a record 92% of total...
Viewpoint: Driving Sustainable Underwriting Performance With Data and Discipline March 19, 2026 By Andrew McMellin International insurance markets are entering a new phase of the cycle. Rates have become increasingly competitive across the majority of...
Severe Convective Storms Become Costliest Insured Peril of 21st Century: Aon January 21, 2026 By L.S. Howard Severe convective storms (SCS) have surpassed tropical cyclones to become the costliest insured peril of the 21st century, according to...
S&P Warns of Reinsurer Protections as Catastrophe Risks Escalate September 8, 2025 By Gautam Naik As natural catastrophes become more frequent and destructive, a key backstop intended to help cover losses has gotten harder to...
Hong Kong Sets Rainfall Record as Deluge Disrupts Flights August 5, 2025 By Mary Hui, Sangmi Cha and Danny Lee Hong Kong set a rainfall record for August after violent storms lashed the city on Tuesday, leading to flight delays...
Beijing Faces More Torrential Rainfall Days After Deadly Floods August 4, 2025 By Mary Hui Beijing is getting drenched by another round of heavy rain, one week after torrential downpours across parts of the Chinese...
Update: Shanghai Evacuates 280,000 Residents as Tropical Storm Arrives July 30, 2025 By Bloomberg News Shanghai has evacuated around 280,000 people and canceled flights as a tropical storm crossed China’s financial hub, bringing strong winds...
Hong Kong Shuts Down for Second Time in a Week Due to Heavy Rain July 29, 2025 By Richard Frost Hong Kong issued its highest rainstorm warning, effectively closing down the city, just over a week after a typhoon downed...