War Anxiety Grips Davos Experts With Ukraine Peace Still Elusive: WEF Survey January 15, 2025 By Alessandra Migliaccio War is the top worry wracking the nerves of risk experts surveyed by the World Economic Forum, despite incoming US...
European Central Bank Pitches Plan to Boost Insurance Coverage for Climate Losses December 19, 2024 By Gautam Naik The European Central Bank and the region’s insurance authority proposed a two-pronged approach to increase insurance coverage for floods, storms...
Climate Change ‘Supercharged’ Philippines’ Typhoon Season, Study Finds December 16, 2024 By Mary Hui A warming climate fueled the blitz of six powerful storms that hit the Philippines within a matter of weeks this...
New York in State of Emergency As It Faces Another Major ‘Lake Effect’ Snowstorm December 13, 2024 New York State declared a state of emergency for portions of Western New York, Finger Lakes, Central New York and...
Bank of Spain Estimates Floods Cost 0.2% of GDP in 4th Quarter November 20, 2024 By Jesús Aguado Last month’s catastrophic floods in eastern Spain are likely to have a negative impact of 0.2 percentage points on the...
Spain’s Record-Breaking Floods Push Insured Losses Above €4 Billion ($4.2 Billion) November 18, 2024 Total insured losses from recent floods in Spain are expected to exceed €4 billion (US$4.2 billion), according to credit rating...
What Is the Latest Science on Climate Change? November 14, 2024 By Gloria Dickie This year’s U.N. climate summit – COP29 – is being held during yet another record-breaking year of higher global temperatures,...
South Africa Declares National Disaster After Floods, Storms November 13, 2024 By Rene Vollgraaff South Africa declared a national disaster after floods and storms caused widespread damage in the country, allowing the government to...
Spain’s Devastating Floods Will Cost Insurers Over $3.8 Billion November 8, 2024 By Macarena Munoz The floods that devastated the Spanish region of Valencia at the end of last month are expected to trigger total...
Spain’s Hurricane Katrina Moment Saw Officials Ignoring Warnings November 8, 2024 By Rodrigo Orihuela, Clara Hernanz Lizarraga and Thomas Gualtieri As a deadly storm bore down on Valencia on Oct. 29, the regional president was attending a ceremony to recognize...