Storm Babet Hammers Scotland With Warnings of Risk to Life, Flooding October 20, 2023 By Todd Gillespie and Lars Paulsson The UK’s Met Office warned of the possibility of severe flooding and loss of life in the northern part of...
Storm Babet Sparks Red Alert as Scotland Braces for Flooding October 19, 2023 By Ellie Harmsworth Storm Babet has triggered a red alert in Scotland as exceptional rainfall and flooding pose a “danger to life,” according...
Insured Losses for 2 Recent European Windstorms Estimated at €3B-€5B: Verisk February 25, 2022 Insured losses due to wind from Winter Storms Dudley/Ylenia and Eunice/Zeynep will range between €3 billion and €5 billion (US$2.2...
Storm Eunice Batters Britain and Ireland With Record Winds Hitting 122 Mph February 18, 2022 By Paul Sandle and Muvija M An Atlantic storm battered Britain and Ireland on Friday with record winds of up to 122 miles per hour, killing...
UK Braces for ‘Storm Eunice’ and Hurricane-Strength Gusts on Friday February 17, 2022 By Rachel Morison and Brian K. Sullivan Britain’s Met Office issued a rare red weather warning for parts of the UK, saying hurricane-strength gusts of 90 miles...
Insured Losses for Europe’s Storm Sabine (aka Ciara) Estimated at €1.55B: PERILS March 24, 2020 The initial loss estimate for extratropical cyclone Sabine”, also known as “Ciara” and “Elsa,” is €1.55 billion (US$1.8 billion), according...
UK Insurance Claims from Storms Ciara and Dennis Estimated at US$473.7M March 9, 2020 Insurers expect to make payments to customers hit by the recent Storms Ciara and Dennis of over £363 million (US$...
Update: Zurich Reports 4Q Loss of $424M, vs. Profit of $860M in Q4 2014 February 11, 2016 By Jan-Henrik Förster Zurich Insurance Group AG reported a worse-than-expected loss in the fourth quarter as the company makes plans to turn around...
January Weather Cost Global Economy $4 Billion-Plus: Impact Forecasting February 10, 2016 January winter weather cost more than $4.0 billion of economic impact in the United States and Asia, according to Impact...
Zurich’s Ratings Remain Unchanged Despite Projected Q4 2015 Losses: A.M. Best January 25, 2016 The financial strength rating of A+ (Superior) and the issuer credit rating of “aa-” of Zurich Insurance Co. Ltd. (ZIC)...