The Bahamas may need to tap international debt markets as it confronts the steep cost of recovering from the most destructive hurricane ever to hit the islands. The government will probably borrow about $500 million in coming months as it …
Norway’s Equinor is still assessing the devastation and level of pollution at its oil terminal in the Bahamas, one month after a massive hurricane swept through the region, the company told Reuters on Friday [Sept. 4]. “We have collected over …
Teams of dog handlers from the U.S., Canada and Belgium are uncovering more and more dead bodies among the debris of Bahamas homes hit by Hurricane Dorian, the Health Ministry said. The Category 5 storm was so powerful that it …
Insured losses in the Caribbean from Hurricane Dorian is estimated at $3.5 billion to $6.5 billion, according to RMS, the risk modeling and analytics firm. This estimate represents insured losses associated with wind and storm surge damage across the Caribbean …
Richard Johnson said his six-year-old brother Adrian was just too small to withstand Hurricane Dorian. The boy was blown into churning storm surge and is among thousands of people missing, many of them children, after the worst hurricane to hit …
Hurricane Dorian inflicted an estimated $7 billion in total insured and uninsured losses on the Bahamas, according to catastrophe risk modeling firm Karen Clark & Company (KCC). This includes building, contents, and business interruption exposures for commercial, residential and industrial …
FREEPORT, Bahamas (AP) — Practically parking over the Bahamas for a day and a half, Hurricane Dorian pounded away at the islands Tuesday in a watery onslaught that devastated thousands of homes, trapped people in attics and crippled hospitals. At …
Sep 4, 2019, 5:31 AM — Hurricane Dorian menaced the U.S. East Coast with devastating flooding and winds, lashing Florida after laying waste to the Bahamas in a brutal two-day battering that caused damage that may cost the islands billions …
Sep 3, 2019, 11:38 AM EST — Hurricane Dorian is on the move once again, inching northwest and potentially up the U.S. East Coast after bashing the Bahamas for almost two days with high winds and driving rains that have …
The Bahamas suffered at least five deaths and “unprecedented and extensive” devastation as the most powerful storm in its history tears up homes and leaves swathes of territory underwater. “We are in the midst of a historic tragedy in parts …
