2022 catastrophes News

Insured Losses for Southeast Australia Floods of October 2022 Rise to A$907M: PERILS

Insured losses for floods that hit Southeast Australia in October 2022 have risen to A$907 million (US$600.2 million), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. This updated loss figure for the floods, which occurred …

Hurricanes and Floods Bring $120B in 2022 Insurance Losses: Munich Re

Hurricane Ian in the United States and floods and Australia helped to make 2022 one of the costliest years on record for natural disasters, Munich Re said on Tuesday, warning that climate change was making storms more intense and frequent. …

Insured Damages in Canada From Hurricane Fiona Now Top C$800M

Insured damages from Hurricane Fiona are now estimated at over C$800 million (US$591.2 million), according to the Insurance Bureau of Canada (IBC), quoting the Catastrophe Indices and Quantification Inc. (CatIQ). Hurricane Fiona remains the most costly extreme weather event ever …

Eruption of Indonesia’s Highest Volcano Buries Homes, Destroys Bridge

SUMBERWULUH, Indonesia (AP) – Improved weather conditions Monday allowed rescuers to resume evacuation efforts and a search for possible victims after the highest volcano on Indonesia’s most densely populated island erupted, triggered by monsoon rains. Mount Semeru in Lumajang district …

Hurricane Ian Drives Global Insured Losses of $115B From Natural Disasters: Swiss Re

Hurricane Ian and other natural catastrophes, such as European winter storms, floods in Australia and hailstorms in France and the U.S., have cost global insurers an estimated $115 billion so far this year, according to a report published by Swiss …

Indonesia Earthquake Kills 268 Amid Collapsed Homes, Landslides

A quake in Indonesia killed at least 268 people as the search continues for victims amid landslides and collapsed buildings. The 5.6-magnitude earthquake that struck West Java on Monday damaged more than 20,000 homes, leaving thousands injured and hundreds still …

Lisa Weakens to Tropical Storm After Leaving Belize’s Largest City in Darkness

Lisa weakened into a tropical storm as it moved across Belize Wednesday, leaving much of the country’s largest city in the dark, although there were no reports of deaths or major damage so far in the Caribbean nation famed for …

Hong Kong Scraps Market Trading as Storm Nalgae Draws Near

Hong Kong closed its $4 trillion stock market early as severe tropical storm Nalgae moved closer on a day when the city hosted a top-level summit for global bankers. Hong Kong Exchanges & Clearing Ltd. scrapped afternoon trading of stocks …

Philippines’ Death Toll From Storm Nalgae Rises to 98

The Philippines said 98 people died from flooding and landslides triggered by storm Nalgae, which hit the country over the weekend. The death toll has risen from 48 reported Sunday, the National Disaster Risk Reduction and Management Council said on …

Fierce Storms Batter Northern France, Ripping Off Roofs, Cutting Power

Tornado-like storms that tore through northern France sheared off part of a church roof, felled trees and power lines and left scores of people without a safe place to live, authorities said Monday. One person suffered light injuries in the …