RenaissanceRe Holdings Ltd. announced it currently estimates that the cost of claims from third quarter 2018 catastrophe events will have an estimated net negative impact of approximately $155 million on its third quarter 2018 results. The estimated losses for these …
Typhoon Trami is bringing Tokyo to a halt. East Japan Railway Co. suspended all train service in the Japanese capital on Sunday in preparation for the storm, which is hammering the southwest of the country. Flights were canceled at major …
Industry insured losses from Typhoon Mangkhut in mainland China, Hong Kong, and Macau will be between US$1 billion and US$2 billion, according to catastrophe risk modeling firm AIR Worldwide. After making landfall in the Philippines, Typhoon Mangkhut doused a less …
With the remnants of Hurricane Florence wringing out heavy rain through the Appalachians and New England this week, and Typhoon Mangkhut winding down in southern China, it looks like the world’s oceans may take a breather. There are few significant …
Regions around Osaka, Japan’s second biggest population center, struggled to recover from damage left by Typhoon Jebi, which left 10 people dead, hundreds of thousands of buildings without power and the area’s main airport closed. Kansai International Airport, a key …
Hurricanes in the Atlantic and Pacific oceans follow a see-saw pattern — when one region is down, the other is usually up. And with the Atlantic quiet this year, the Pacific is setting records. There’s been a parade of 14 …
Typhoon Jebi made landfall in western Japan on Tuesday, the strongest tropical cyclone to come ashore in Japan in 25 years, and has picked up speed as it bears down on one of Japan’s most densely populated areas. The storm …
An approaching typhoon has whipped up strong winds, waves and heavy rain in southern South Korea, leaving one person missing and one injured, while another typhoon headed for western Japan on Thursday. Typhoon Soulik is forecast to make landfall at …
Many countries across the globe saw worsening in drought-related and wildfire conditions during July, which have led to hundreds of deaths and created a significant financial impact – particularly in the agriculture, forestry, water management and fisheries industries. This was …
Typhoon Shanshan spared most parts of Tokyo and is expected to head northward along Japan’s eastern coast, averting major disruption for commuters in and around the capital. The slow-moving storm was located 60 kilometers (38 miles) southeast of Mito in …
