Extreme Weather Sends Insured Losses 70% Above Historical Norms July 31, 2024 By Stephan Kahl Natural catastrophes caused about $62 billion of insured losses in the first half of 2024 — roughly 70% above the...
French Farmers Facing ‘Catastrophic’ Harvest Seek State Help July 31, 2024 By Nayla Razzouk French farmers are calling on the government to provide financial aid as there’s a high risk that this year’s wheat...
South Africa Races to Contain Oil Spill From Wrecked Cargo Ship July 30, 2024 South Africa dispatched crews to contain an oil spill from a cargo vessel that ran aground earlier this month because...
Typhoon Remnants Bring Rains, Floods That Kill Four in China July 30, 2024 Record rainfall and widespread flooding killed four people in China’s southern province of Hunan, with roads in rural areas damaged...
Heat-Related Texas Deaths Climb After Hurricane Beryl Power Outages July 23, 2024 By Jamie Stengle and Lekan Oyekanmi SPRING, Texas (AP) — As the temperature soared in the Houston-area home Janet Jarrett shared with her sister after losing...
World Records Hottest Day While Wildfires Threaten Mediterranean July 23, 2024 By Eamon Akil Farhat and Paul Tugwell The world recorded its hottest ever day, as many parts of the Mediterranean face extreme wildfire risks. Sunday witnessed the...
Insured Losses for Floods in Southern Germany Estimated at €1.6B: PERILS July 18, 2024 The recent floods in southern Germany will cost insurers an estimated €1.568 billion (US$1.7 billion), according to PERILS, the independent...
Islamic Insurance Helps Cover Muslim Farmers Battling Climate Change July 18, 2024 By Betsy Joles On his four and a half acres of land in central Pakistan, Izhar ul-Haq approaches farming as a science. He...
Disaster-Struck Cities Fight for Aid as FEMA Funding Runs Low July 17, 2024 By Shruti Date Singh A once in 200-years storm dumped 11 inches of rain over four hours on the central Massachusetts town of Leominster...
Catastrophe Bondholders Sidestep Large Losses From Weather-Related Calamities July 16, 2024 By Gautam Naik Last month, amid reports that Hurricane Beryl would become the earliest Category 5 hurricane in history, a group of money...