ATHENS, Greece (AP) – Greek firefighters on Sunday were battling a wildfire for a second day near two Athens suburbs. Local media reported some damage to houses as well as vehicles, with 65 fire engines and 283 firefighters still operating …
SAN ISIDRO DEL PALMAR, Mexico (AP) – Hurricane Agatha caused flooding and mudslides that killed at least 11 people and left 20 missing, the governor of the southern state of Oaxaca said Tuesday. Gov. Alejando Murat said rivers overflowed their …
As the North Atlantic hurricane season begins officially today, forecasters continue to predict above-average storm activity. The pre-season forecast update for North Atlantic hurricane activity still predicts 18 named storms, eight hurricanes and four major (Category 3 and above) hurricanes, …
Hurricane Agatha made landfall in Mexico’s Oaxaca state Monday afternoon in what’s expected to be the strongest May storm to hit the eastern Pacific on record. Agatha was already raking the Pacific coastline with damaging gusts and heavy rain early …
Three out of four of the major European reinsurers reported their profits were negatively affected as a result of elevated natural catastrophe claims and a first round of claims reserves from the Russia-Ukraine war, according to Fitch Ratings in a …
The storms and floods that hit South-East Queensland and coastal New South Wales in February and March are likely to be Australia’s costliest floods on record, according to the Insurance Council of Australia (ICA). Using updated data, the ICA said …
Swiss Re reported a group net loss of $248 million during the first quarter, as a result of headwinds such as the war in Ukraine, higher-than-expected natural catastrophes and the ongoing COVID-19 pandemic. This loss compares with net income of …
Initial insurance losses for the Eastern Australia floods are estimated at A$3.99 billion (US$2.97 billion), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. The PERILS loss estimate for the floods, which inundated Eastern Australia during …
Preliminary economic losses from natural hazards billion during the first quarter of 2022 totaled $32, of which less than 50% (or $14 billion), was covered by public and private insurers, according to a report published by Aon. Although the first …
South Africa declared floods that killed more than 300 people in the eastern KwaZulu-Natal province a disaster, enabling the government to free up funds to assist with reconstruction in the area. The heaviest rainfall in at least six decades last …
