Global insured losses from severe thunderstorms have hit a new all-time high of US$60 billion in 2023, with overall natural...
natural catastrophes News
A severe cyclone in the Bay of Bengal is likely to cause heavy rain and strong winds across southeast India,...
Money pledges grabbed the spotlight again at COP28 in Dubai on Monday as delegates turned their focus to the yawning...
Nigerian floods last year that claimed hundreds of lives also caused up to $9 billion in damage, according to a...
The property/casualty insurance industry is confronting challenging claims dynamics, with rising frequency and severity of claims despite decreases in economic...
Moody’s RMS, the risk modeling and solutions company, estimates private market insured losses from Hurricane Otis to range between US$2.5...
Executive Summary: The potential for satellite technology to revolutionize claims management has long been recognized but has only recently been...
Industry insured losses due to wind from Winter Storm Ciarán (also named Emir by the Free University of Berlin) will...
Hurricane Otis not only devastated Acapulco, but also exposed fatal weaknesses in aging infrastructure, teaching hard lessons that coastal cities...
Storm Ciarán plowed through northwest Europe, tearing the roofs off some buildings, snarling transport networks and cutting power to more...