secondary perils News

Update: Flood Death Toll Rises as Europe Counts Cost of Storm Boris

Floods ripped through central Europe killing at least 17 people, as governments across the region took emergency measures and prepared to spend hundreds of millions of euros on the cleanup. Flows in the Danube — Europe’s second-longest river — were …

Canada’s Wildfire Season Ranks Among Worst but Less Severe Than Feared

With summer drawing to a close in Canada, the 2024 wildfire season is shaping up as one of the most destructive on record, largely due to the devastation caused by a blaze that ripped through a tourist town in the …

Update: Greece Battles Wildfires While Storm Lilian Crosses UK

Greek wildfire risks increased as temperatures climb and near gale force winds blow across the Aegean Sea, while Storm Lilian is battering parts of the UK. Firefighters, supported by helicopters, are trying to control an outbreak in Paiania, on eastern …

Europe’s $42 Billion Effort to Fight Wildfires Is an Uphill Battle

Europe is spending tens of billions of euros a year to fight wildfires, yet it hasn’t stopped blazes from flaring up across Greece and other parts of the continent this summer. This week fires on the outskirts of Athens engulfed …

Catastrophe Bond Issuance Is Set to Blast Through 2023 Record

Issuance of catastrophe bonds is on track to exceed the record set in 2023, as a cocktail of climate change, population density and inflation feeds growth in a market built around natural disasters. A fresh analysis by Swiss Re shows …

South Africa Storms in Western Cape Cause Damage to 35,000 Homes

Storms that pounded South Africa’s Western Cape province have led to flood damage affecting more than 35,000 households in the city of Cape Town, Executive Mayor Geordin Hill-Lewis said. “We’ve got more than 35,000 families in the city who have …

Greece Fights Deadly Fire on Aegean Island as Temperatures Soar

Greece is fighting a deadly fire on the island of Lesvos, as temperatures in some parts of the country exceed 40C (104F). A person died in a burned-out car on Lesvos, where authorities are investigating whether the vehicle was scorched …

Wildfires Could Affect Over Half of Canada’s Oil Sands Output: Report

More than half of the oil sands production from Canada could be impacted if the wildfires in Alberta and British Columbia worsen, Rystad Energy said in a report on Thursday. WHY IT’S IMPORTANT Canada is one of the biggest oil …

Firefighters Gain Control of One Blaze Threatening Oil Sands in Alberta

Firefighters gained control of one wildfire near the main oil-sands region of Alberta on Wednesday, but continued to battle a much larger blaze to the south that’s threatening the area’s biggest city. The fire just north of Fort McMurray, located …

Oil-Sands Capital of Canada Now Grappling With Second Wildfire

The unofficial capital of Canada’s oil-sands industry is now facing a second wildfire that’s north of the city and closer to major energy operations. The new blaze near Fort McMurray, Alberta, is about 3 hectares (7 acres) in size, and …