The Philippines suffered $13 billion of damage when Super Typhoon Haiyan tore through the country in 2013, a year after another storm killed 1,067. Now, the nation is looking at defraying the costs of future calamities with catastrophe bonds. The …
The strongest typhoon to hit southern China in four decades has killed 18 people, the government said Sunday, while in the Philippines the death toll from the storm’s earlier destruction rose to 94. Typhoon Rammasun killed nine people and left …
According to catastrophe modeling firm AIR Worldwide, Typhoon Rammasun weakened as it crossed the Philippine island of Luzon and passed to the south of Manila, where wind speeds of 60-140 km/hr (37-87 mph) were observed, along with heavy rainfall. Rammasun …
Catastrophe modeling firm AIR Worldwide reported that Typhoon Rammasun made landfall in the Philippine province of Sorsogon with sustained winds of 157 km/h (98 mph) on Tuesday, July 15, in late afternoon local time. The storm is heading for Manila. …
A bulletin from the AccuWeather Global Weather Center reports that “Typhoon Rammasun is on track to threaten the Philippines Tuesday and Wednesday. “Rammasun strengthened back to a tropical storm early Sunday morning local time after briefly weakening to a tropical …
