'There is no doubt that climate change increases volatility, frequency and also severity,' says senior di...
Increasing natural catastrophe losses necessitate a resilience focus
'There is no doubt that climate change increases volatility, frequency and also severity,' says senior director of product management...
'There is no doubt that climate change increases volatility, frequency and also severity,' says senior director of product management...
Article / 5 days ago
Dubai airport flooded and flights are hit as storm dumps record rain on UAE - AP News
The state-run WAM news agency called the rain Tuesday “a historic weather event” that surpassed “anything documented since the start of data collection in 1949.”
The state-run WAM news agency called the rain Tuesday “a historic weather event” that surpassed “anything documented since the start of data collection in 1949.”
apnews.com /
Article / 7 days ago
Dubai airport flooded in hours as storm dumps unusual record rain on UAE - AP News
Rain is unusual in the UAE, an arid, Arabian Peninsula nation, but occurs periodically during the cooler winter months.
Rain is unusual in the UAE, an arid, Arabian Peninsula nation, but occurs periodically during the cooler winter months.
apnews.com /
Article / 7 days ago
How Dams Weaponize Climate Change
Within four weeks during late summer 2023, two severe rainfall events thousands of miles apart caused two pairs of dams to collapse, bringing catastrophic floods....
Within four weeks during late summer 2023, two severe rainfall events thousands of miles apart caused two pairs of dams to collapse, bringing catastrophic floods....
Article / 28 days ago
Weekly Cat Report March 15, 2024
Please note that any financial loss estimate is preliminary and subject to change. These estimates are provided as an initial view of the potential financial impact from...
Please note that any financial loss estimate is preliminary and subject to change. These estimates are provided as an initial view of the potential financial impact from...
Article / 1 month ago
EU must prepare for 'catastrophic' climate change risks, agency says - Reuters
Countries across Europe should prepare for "catastrophic" risks, ranging from floods to deadly heatwaves, as worsening climate change hits every part of their economies and societies this century, the EU Environment Agency said on Monday.
Countries across Europe should prepare for "catastrophic" risks, ranging from floods to deadly heatwaves, as worsening climate change hits every part of their economies and societies this century, the EU Environment Agency said on Monday.
reuters.com /
Article / 1 month ago
Unlocking Capacity and Capital in a Challenging Construction Risk Market
Complex market dynamics in the construction industry are pushing organizations to proactively explore alternative risk transfer solutions...
Complex market dynamics in the construction industry are pushing organizations to proactively explore alternative risk transfer solutions...
Article / 2 months ago
Jamaica targets four hurricane season catastrophe bond renewal: Finance Minister
Jamaica is looking to renew its catastrophe bond cover that expired at the end of 2023 and the country's Finance Minister Nigel Clarke said yesterday that...
Jamaica is looking to renew its catastrophe bond cover that expired at the end of 2023 and the country's Finance Minister Nigel Clarke said yesterday that...
Article / 2 months ago
Morocco renewed parametric quake insurance after 2023 payout of $275m
Morocco's government received a $275 million payout from its parametric earthquake insurance policy after the devastating earthquake that occurred in 2023
Morocco's government received a $275 million payout from its parametric earthquake insurance policy after the devastating earthquake that occurred in 2023
Article / 2 months ago
Morocco: Parametric insurance pool pays out US$275m for Sep 2023 quake
A parametric insurance pool brokered by Gallagher Re has paid compensation of $275m to Morocco's Solidarity Fund against Catastrophic Events (FSEC), relating to the September 2023 M6.8 Al Haouz earthquake.
A parametric insurance pool brokered by Gallagher Re has paid compensation of $275m to Morocco's Solidarity Fund against Catastrophic Events (FSEC), relating to the September 2023 M6.8 Al Haouz earthquake.
Article / 3 months ago