More passengers who were aboard an Alaska Airlines Boeing 737 jet when part of its fuselage blew out in J...
Slow Recovery for Puerto Rico After Hurricane, Earthquake
Puerto Rico is trudging through reconstruction work after two devastating hurricanes and a string of strong earthquakes, and has spent less than 10 percent of more than $23 billion in available...
Puerto Rico is trudging through reconstruction work after two devastating hurricanes and a string of strong earthquakes, and has spent less than 10 percent of more than $23 billion in available...
Article / 1 month ago
The Odds of a Hurricane-Boosting La Niña This Year Are Rising
The odds of a La Niña weather pattern this year are rising, amplifying the risk of hurricanes in the Atlantic and drought in California and South America....
The odds of a La Niña weather pattern this year are rising, amplifying the risk of hurricanes in the Atlantic and drought in California and South America....
Article / 2 months ago
Global Insured Losses From Severe Convective Storms Hit New High of $60B: Swiss Re
Global insured losses from severe thunderstorms have hit a new all-time high of $60 billion in 2023, with overall natural catastrophe claims surpassing $100 million,...
Global insured losses from severe thunderstorms have hit a new all-time high of $60 billion in 2023, with overall natural catastrophe claims surpassing $100 million,...
Article / 4 months ago
Rising War Risks Prompt Insurers to Reassess Property Cover in Geopolitical Hot Spots
Insurers grappling with the rising risk of physical attacks on businesses due to war or civil disorder are reconsidering the breadth and scope of such cover...
Insurers grappling with the rising risk of physical attacks on businesses due to war or civil disorder are reconsidering the breadth and scope of such cover...
Article / 4 months ago
El Nino Conditions Expected for January – March 2024
There is a more than 95 percent chance that the El Niño weather pattern will continue through the Northern Hemisphere winter from January – March 2024, a U.S. government forecaster said on...
There is a more than 95 percent chance that the El Niño weather pattern will continue through the Northern Hemisphere winter from January – March 2024, a U.S. government forecaster said on...
Article / 6 months ago
Insured Losses From Nat Cats Set to Top $100B for 3rd Straight Year
Claims for weather-related incidents are set to exceed $100 billion for the third year in a row, as floods, hail and wildfires linked to climate change become more...
Claims for weather-related incidents are set to exceed $100 billion for the third year in a row, as floods, hail and wildfires linked to climate change become more...
Article / 7 months ago
El Nino Likely to Prevail Through Winter
There is a more than 95 percent chance that El Niño conditions will prevail from December 2023 to February 2024, a U.S. government weather forecaster said on Thursday, exacerbating the risks...
There is a more than 95 percent chance that El Niño conditions will prevail from December 2023 to February 2024, a U.S. government weather forecaster said on Thursday, exacerbating the risks...
Article / 8 months ago
Catastrophe Bond Funds Rank in Top 10 of 2023’s Best Performing Credit Funds
Catastrophe bond funds rank among the 10 best performing credit funds this year, as the hurricanes, earthquakes and other disasters that could trigger...
Catastrophe bond funds rank among the 10 best performing credit funds this year, as the hurricanes, earthquakes and other disasters that could trigger...
Article / 8 months ago
Decade Old Climate Report Warned of Extreme Weather
Record high temperatures in urban Europe as heat waves bake the planet more often. Devastating floods, some in unprepared areas. Increasing destruction from hurricanes....
Record high temperatures in urban Europe as heat waves bake the planet more often. Devastating floods, some in unprepared areas. Increasing destruction from hurricanes....
Article / 2 years ago
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....
Parts of northern Texas, mired in a drought labeled as extreme and exceptional, are flooding under torrential rain. In a drought....
Article / 2 years ago