2022 natural catastrophes News

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 …

Tropical Storm Lisa on Track to Strike Belize as 12th Atlantic Storm of 2022

Tropical Storm Lisa has spun up in the Caribbean Sea south of Jamaica, on track to strike Belize late Wednesday as the 12th storm of this year’s Atlantic hurricane season. Lisa’s top winds have reached 40 miles (64 kilometers) per …

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 …

Global Natural Disasters Cost Insurers $99B in Q3, With Economic Losses of $227B: Aon

Global natural disaster events to the end of Q3 2022 caused total economic losses estimated minimally at $227 billion – of which $99 billion was covered by public and private insurers, which means that insured losses will top $100 billion …

Pakistan’s Catastrophic Flood Damage Estimated to Cost $40 Billion: Officials

The damage from this summer’s catastrophic flooding in Pakistan is now estimated at $40 billion, as much as 25% higher than projections a month ago in another blow to the cash-strapped country. The new estimate was shared in the first …

Arch Capital Estimates Q3 Catastrophe Losses Could Hit $560 Million

Arch Capital Group Ltd., the Bermuda-based re/insurer, reports that its 2022 third quarter results will be negatively affected by claims from global catastrophe events such as Hurricane Ian, U.S. convective storms, Typhoon Nanmadol (which hit Japan in September), and French …

Hurricane Fiona Breaks New Records in Atlantic Canada With Insured Damage of C$660M

Hurricane Fiona is estimated to have caused C$660 million (US$436.8 million) in insured damage, according to the Insurance Bureau of Canada (IBC), which quoted initial estimates from Catastrophe Indices and Quantification Inc. (CatIQ). Hurricane Fiona is the most costly extreme …