New Ratings Firm to Track Climate Hit on Infrastructure Assets June 17, 2025 By Simon Jessop A climate ratings firm created at French business university EDHEC has become the first to estimate projected financial losses for...
Premium Insurance Demand Rises With Global Travel Disruptions June 16, 2025 By Joanna Plucinska, Doyinsola Oladipo and Henry Gale With flight cancellations, delays and other disruptions on the rise, leisure travelers are being increasingly discerning over the level and...
Fitch Warns of Rising Mortgage-Bond Risk Due to Extreme Weather June 10, 2025 By Frances Schwartzkopff For analysts at Fitch Ratings, the recent demolition of a Swiss village by a glacier is fresh proof that climate...
Extreme Weather Is Stress-Testing India’s Infrastructure Drive June 9, 2025 By Apoorva Ajith Indian monsoons this year — the earliest onset since 2009 — damaged new public infrastructure across the country, putting pressure...
Highways Baking at 158F Signal a Red-Hot Summer From China to the US June 2, 2025 By Brian K. Sullivan, Joe Wertz and Mary Hui In northern China, road surfaces have soared to 158F (70C). In California’s Central Valley, temperatures are reaching into the triple...
Australia’s East Coast Begins Flood Cleanup as Waters Recede May 26, 2025 By Michael Heath Australia has drafted in emergency service teams from across the nation to help with clean-up operations after devastating floods in...
Four Die as Floods Hammer Area North of Sydney, With More Rain Coming May 23, 2025 By Keira Wright At least four people died and thousands are without power as severe storms lashed Australia’s most populous state. Large swaths...
Europe’s Farm Sector Loses €28 Billion a Year From Climate Risks May 21, 2025 By Celia Bergin The European Union’s agriculture industry is losing €28 billion ($31.5 billion) a year due to increasing climate risks, such as...
Severe Weather Leaves at Least 27 Dead, Including 18 in Kentucky May 19, 2025 By Dylan Lovan At least 27 people have been killed by storms systems that swept across part of the U.S. Midwest and South,...
Global Banking Regulators Agree to Prioritize Climate Risk Work May 13, 2025 By Virginia Furness Global banking regulators on Monday agreed to intensify efforts to better understand the financial risks posed by climate change amid...