According to catastrophe modeling firm AIR Worldwide, “Typhoon Nesat (known locally as ‘Pedring’) made landfall in the eastern Isabela and Aurora provinces on the Pacific coast of the Philippines at 18:21 GMT Monday, September 26 with maximum sustained winds of …
According to catastrophe modeling firm AIR Worldwide more than a million people were evacuated in central and western Japan in advance of Typhoon Roke’s arrival. The storm formed on September 10 and is the 15th named storm of the 2011 …
Japan braced for more heavy rain and floods Monday as the death toll from the worst typhoon to hit the country in seven years climbed to 34. Rescuers searched for 55 others who remained missing, and tens of thousands of …
Hurricane Irene could cost U.S. state and local governments billions of dollars in damages, but funds from the federal government might ultimately cover much of this expense. It is too early to estimate the cost of the storm, but New …
Hurricane Irene swept through Manhattan Sunday but reserved the worst of its fury for towns and suburbs up and down the northeastern United States, where driving rain and flood tides inundated homes and cut power to millions. On its march …
In the annals of natural disasters, it doesn’t get much worse than a major hurricane directly striking New York City and Long Island. Hurricane Irene is on a course that will take it up the East Coast from the weekend. …
Tropical Storm Gert strengthened slowly Sunday on a track toward Bermuda and forecasters said the global reinsurance hub could expect increased winds, rain and surf when the storm passed on its eastern side. Gert, the seventh named storm of what …
Tropical Storm Emily was expected to bring heavy rain Tuesday to Puerto Rico after crossing the northeast Caribbean Sea on a track that would take it near Haiti within 24 hours. The storm was expected to bring up to 4 …
Catastrophe risk modeling firm AIR Worldwide announced the release of its Central America tropical cyclone model. “The new model covers Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama,” AIR said. It also “captures the combined effects of wind …
Marsh now offers an option for organizations with significant earthquake and/or windstorm exposures that are unable to purchase enough insurance to adequately protect their assets. The new program is called Country Weighted Industry Loss (CWIL). Originally developed in 2010 by …
