economic losses News
Harvey’s Impact on Insured and Uninsured Alike Soars in Growing Economic Catastrophe
Hurricane Harvey's second act across southern Texas is turning into an economic catastrophe -- with damages likely to stretch into tens of billions of dollars and an unusually large share of victims ...
Round 2 of Hurricane Harvey Poised to Drive Up Economic Damage in Texas
As Harvey's winds die down, trouble for Texas may have just begun with forecasts for unprecedented flooding across the heart of U.S. energy production and in Houston, the nation's fourth-largest ...
Hurricane Harvey Isn’t Going Away as Rain, Flooding Linger: RMS
Hurricane Harvey is now a slow-moving tropical storm in coastal Texas. Beyond the initial storm damage itself, the historic flooding it is leaving behind will lead to equally significant economic and ...
Global Insured Natural Catastrophe/Disaster Losses Hit $23B in H1: Swiss Re
Global insured losses from natural catastrophes and man-made disasters in the first half of 2017 totaled $23 billion, while economic losses during the same period came to $44 billion – an ...
Bulk of July Natural Disasters Slam Asia; Damage Tally Surpasses $10B
The vast majority of global natural disasters during July were the result of severe flooding across the Asian region, bringing more than $10 billion in economic damages, according to a report ...
$22B in H1 Insured Losses Stem Largely From U.S. Storms: Impact Forecasting
Insured losses for natural disaster totaled $22 billion during the first six months of 2017, with the cost stemming in large part from U.S.-focused, hail, heavy winds and tornadoes. Aon Benfield's ...
Global Insured Disaster Loss Events Climbed 43% in 2016: Swiss Re
Global insured losses from disaster events hit $54 billion in 2016, up 43 percent from the previous year, as countries around the world dealt with earthquakes, storms, floods, wildfires and other ...
Hurricane Matthew Idles Plants, People, Goods Up Florida’s Atlantic Coast
Disruptions to air travel, manufacturing, supply chains and retail stores spread on Friday as Hurricane Matthew worked its way up Florida's Atlantic coast, leaving people and goods stranded and ...