October 5, 2012
The U.S. national weather forecaster still expects the much-feared El Niño phenomenon, which can wreak havoc on global weather, to remain weak into the Northern Hemisphere winter, even after its development slowed last month. In its monthly assessment, the Climate …
September 25, 2012
An El Nino event, usually associated with significant changes in rainfall, is likely to develop this month and next in the Pacific, affecting global climate patterns, the World Meteorological Organization (WMO) said on Tuesday. The phenomenon, characterized by unusually warm …
August 21, 2012
An emerging El Nino weather pattern is likely to have only a modest impact on crops and mining in Australia and could benefit sugar cane growers in Queensland, a senior forecaster said. Drier conditions have already settled in over much …
August 15, 2012
The Insurance Bureau of Canada (IBC) reports that the estimated insured damage caused by the recent severe thunderstorm event that hit the Edmonton area in July amounts to more than $100 million. The IBC noted that the estimate, “reported by …
August 8, 2012
The latest report on the world’s catastrophes from Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc, highlights flooding in China that generated more than $8.3 billion in economic losses across the country in July. Paradoxically the …
July 9, 2012
The Guy Carpenter Asia-Pacific Climate Impact Centre (GCACIC), a joint initiative of Guy Carpenter and City University of Hong Kong, has released its third annual report, which presents the findings of the 27 research projects conducted by GCACIC members on …
July 5, 2012
The feared El Nino weather phenomenon could strike as early as the third quarter of 2012, raising prospects of wreaking weather havoc from North and South America to Asia, the U.S. Climate Prediction Center (CPC) said on Thursday. “Overall, the …
May 29, 2012
Apple growers in the Bitterroot Valley say a cold snap at the same time apple trees were in full bloom and at their most vulnerable will likely dent this year’s apple crop. Al Pernicle of Al and Mary Pernicle’s Frost …
May 21, 2012
Swiss Re announced that CEO Michel Liès has signed a letter of intent to participate in a “New Alliance for Food Security and Nutrition,” which will begin work following the G-8 summit at Camp David. Those private sector companies involved …
March 14, 2012
The Association of British Insurers (ABI) is urging homeowners not to worry unnecessarily, but to be aware of the ongoing drought conditions currently afflicting the UK. The extremely dry weather, with little or no rainfall across many parts of the …