floods News
Piercing Through Rain, Smoke and Fog: How Radar Satellites See Catastrophes
The integration of new technologies into the claims ecosystem is gathering pace as insurance and reinsurance organizations seek to enhance both the speed and accuracy of payments. One example is the ...
Hilary’s Rains Reach California
Tropical Storm Hilary made landfall along the Baja peninsula Sunday, with the rare Pacific storm set to pummel Northern Mexico, Southern California and the U.S. Southwest with torrential rains and ...
Unsyncopated Clocks: ‘Fire and Flood’ Book Highlights Insurers’ Climate-Change Late Show
Scientists have been sounding the climate-change alarm for decades. But despite these dire warnings, a large swath of the public still refuses to believe, and both policymakers and businesses have ...
Counting the Rising Cost of Climate Change: The Most Costly Natural Disasters
Climate change has raised the cost of natural disasters, as rising sea levels and drought increase the frequency and severity of flooding and wildfires, insurers and risk ...
Four in Five of World’s Cities at Risk From Heat Waves, Floods, Droughts: Study
Four in five cities across the world are facing significant climate hazards such as heat waves, floods and droughts, data from environmental disclosure non-profit CDP ...
Weather Whiplash: Why Floods and Droughts Are Coming Together
Parts of northern Texas, mired in a drought labeled as extreme and exceptional, are flooding under torrential rain. In a drought. Sound familiar? It should. The Dallas region is just the latest ...
Floods, Storms Drive Global Insured Catastrophe Losses of $38B in H1 2022: Swiss Re
A series of winter storms in Europe, record floods in Australia and South Africa as well as a high number of thunderstorms in the U.S. and Europe resulted in $35 billion in insured losses from ...
Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon
Preliminary economic losses from natural hazards during the first quarter of 2022 totaled $32 billion, of which less than 50 percent (or $14 billion), was covered by public and private insurers, ...