December 30, 2019
Thousands of holiday-makers have evacuated a popular tourist spot in southeast Australia as a heatwave and strong winds fuel wildfires sweeping through the region. But with temperatures hitting 40 degrees Celsius (104 degrees Fahrenheit) Monday and blazes closing sections of …
December 23, 2019
Australia’s devastating wildfires, which at the weekend destroyed close to 200 homes and claimed another life, show no sign of abating and are poised to blight Christmas celebrations. Around 200 blazes were burning across the world’s driest inhabited continent on …
December 23, 2019
Venice’s hoteliers association estimates that the city’s hotels suffered about 30 million euros ($34 million) worth of structural damage during November’s floods. The overall losses, though, are higher after adding in the lower revenues that local hotels have reported in …
December 19, 2019
Australia’s most-populous state has declared an emergency as a heatwave that’s produced the hottest day on record exacerbates devastating bushfires. New South Wales Premier Gladys Berejiklian warned of extreme wind conditions and surging temperatures that would make efforts to battle …
December 17, 2019
Australia’s indigenous people say the bushfire-ravaged country is paying the price for ignoring their expertise in managing the ecology of the world’s-driest inhabited continent. The fires have already burned more than 6 million acres — an area the size of …
December 11, 2019
Flooding and inland storms led to multi-billion-dollar economic loss in western and southern Europe during November, according to insurance broker Aon’s latest edition of its monthly Global Catastrophe Recap report. Italy suffered the majority of losses as an active stretch …
December 5, 2019
Sydney is world famous for its shimmering harbor and clear blue skies. Not this summer. As bushfires ravage the country’s east coast, pollution is becoming a regular occurrence in Australia’s biggest city — triggering health warnings and intensifying the debate …
December 4, 2019
The death toll from Typhoon Kammuri rose to 17 people after destroying houses and displacing hundreds of thousands on its path across the Philippines. As it neared its exit, tropical cyclone wind signals have been lifted as of Wednesday for …
December 3, 2019
The Philippines reopened its main airport late Tuesday as Typhoon Kammuri heads to the South China Sea, leaving at least three people dead and displacing half a million more. Ninoy Aquino International Airport’s runways were opened at 6 p.m. local …
November 26, 2019
AXIS Capital Holdings Ltd. announced a preliminary pre-tax loss estimate for Japanese Typhoon Hagibis in the range of $90 million to $110 million, net of estimated recoveries from reinsurance and retrocessional covers, and including the impact of estimated reinstatement premiums. …