Spain’s Storms Refill Reservoirs, Easing Nation’s Worst Drought March 25, 2025 By Laura Millan Jana, Konrad, Laurence and Martinho — the unprecedented string of four named storms that barreled through the Iberian peninsula in...
Spain Braces for More Downpours After Floods Kill Three People March 20, 2025 By Laura Millan and Joe Wertz Spain is bracing for another round of torrential rains after flooding forced home evacuations, washed away cars and killed at...
Valencia Floods Prompt Race for Funds to Boost Spain’s Climate Resilience February 7, 2025 By Corina Pons and Pietro Lombardi Spain is seeking European approval to repurpose more than a billion euros of post-pandemic recovery funds to make Valencia more...
Insured Losses From Natural Disasters Hit $140B as Climate Change ‘Shows Its Claws’ January 9, 2025 By L.S. Howard Insurers saw the third most expensive year for natural catastrophe losses in 2024 – reaching a total of US$140 billion...
Bank of Spain Estimates Floods Cost 0.2% of GDP in 4th Quarter November 20, 2024 By Jesús Aguado Last month’s catastrophic floods in eastern Spain are likely to have a negative impact of 0.2 percentage points on the...
Spain’s Record-Breaking Floods Push Insured Losses Above €4 Billion ($4.2 Billion) November 18, 2024 Total insured losses from recent floods in Spain are expected to exceed €4 billion (US$4.2 billion), according to credit rating...
Spain’s Devastating Floods Will Cost Insurers Over $3.8 Billion November 8, 2024 By Macarena Munoz The floods that devastated the Spanish region of Valencia at the end of last month are expected to trigger total...
Spain’s Hurricane Katrina Moment Saw Officials Ignoring Warnings November 8, 2024 By Rodrigo Orihuela, Clara Hernanz Lizarraga and Thomas Gualtieri As a deadly storm bore down on Valencia on Oct. 29, the regional president was attending a ceremony to recognize...
Spain Risks €10.6 Billion Flood Damage Bill, PM Sanchez Says November 6, 2024 By Rodrigo Orihuela, Macarena Munoz and Jorge Zuloaga Spanish Prime Minister Pedro Sanchez announced the first financial package for victims of the storms that killed more than 200...
Valencia Asks for €31 Billion Rescue Package After Deadly Floods in Spain November 5, 2024 By Macarena Munoz The region of Valencia is asking Spain’s central government for rescue funds to help with rebuilding after floods last week...