natural catastrophes 2018 News

New South Wales Hailstorm Triggers Australia Catastrophe Declaration

The Insurance Council of Australia (ICA) last week declared a catastrophe following storms that caused extensive hail and water damage across Sydney and the Central Coast in New South Wales (NSW). As of Dec. 21, insurers had received more than …

Indonesia Volcano Alert Widened as Ash Clouds Affect Aviation After Deadly Tsunami

Indonesian authorities widened an area marked as a danger zone around the Mount Anak Krakatau as the volcano continued to send hot ash clouds into the sky after a weekend tsunami triggered by a landslide killed more than 400 people. …

Sweden’s Wildfires Highlight Cost of Rapidly Changing Climate in Europe

Hannele Arvonen, the owner of one of Sweden’s largest lumber yards, is spending the winter months planning for a new and unexpected threat to her business: regular wildfires raging just south of the Arctic Circle. Her business, Setra Group AB, …

Aon Cites Need for Mitigation as Insured Wildfire Losses Top $10B for Second Year

Total aggregated economic losses for the wildfires that have burned across Northern and Southern California throughout the month are expected to minimally exceed $10 billion, while insurance claims payouts for wildfires are set to exceed $10 billion in the United …

Tallying Losses from October’s Global Catastrophes

October was a deadly and costly month due to natural catastrophes, with the the U.S. and Europe being hit particularly hard, according to Aon’s Impact Forecasting. Total U.S. economic losses from October’s Hurricane Michael – including physical damage and net …

Storms, Torrential Floods Lash Sicily, Killing at Least 12 People

Storms lashing Sicily have killed at least 12 people with torrential floods, Italian authorities said as the country’s leader headed Sunday to the stricken Mediterranean island. Divers pulled out nine of those victims from a home flooded by a rapidly …

Update: Typhoon Yutu Pummels Philippines; Death Toll Rises from Landslides, Floods

At least 10 people were killed and about 20 are missing in a trail of landslides in the mountainous region of northern Philippines after the devastation caused by Typhoon Yutu, according to government authorities. Rescuers were still searching for at …

Typhoon Yutu Slams into Philippines, Traveling Path of Super Storm Mangkhut

Typhoon Yutu slammed into northern Philippines on Tuesday and is traveling a path similar to last month’s super storm Mangkhut that killed at least 82 people and damaged about $500 million of farm output in the Southeast Asian nation. More …

Philippine Authorities Move People to Safer Grounds as Typhoon Approaches

Philippine authorities started to move people to safer grounds as Typhoon Yutu approaches, tracking a path similar to last month’s storm that devastated rice-producing provinces in the main island of Luzon. Yutu, which last week became the strongest storm since …

Super Typhoon Yutu Threatens Philippines’ Most Populous Island

Super Typhoon Yutu could rip into eastern Luzon in the Philippines on Tuesday, extending the toll of destruction it left in the U.S. Northern Mariana Islands earlier this week. Yutu was about 731 miles (1,176 kilometers) east of Luzon with …