Insurance carriers and restoration teams face a cascade of challenges. The increasing frequency and severity of climate-induced catastrophes, such as...
catastrophes News
The third quarter of 2024 saw a number of significant disaster events, which drove year-to date economic losses above at...
Top reinsurers are showing increasing—but disciplined—appetite for natural catastrophe risks as a result of rising demand, better pricing, more favorable...
With the start of hurricane season less than a month away, U.S. officials who predict, prepare for and respond to...
Global natural catastrophes cost insurers $17 billion during the first quarter of 2024 with economic losses rising above $45 billion,...
A new USI Insurance Services report forecasts that in 2024, commercial property insurance rates “are expected to increase, but not...
Earthquakes in Turkey and Syria, storms in the United States and other natural disasters caused an estimated $95 billion in...
The need for comprehensive disaster risk management has never been more evident. In recent years, major storms, earthquakes, wildfires, tornados,...
The United States is Earth’s punching bag for nasty weather. Blame geography for the U.S. getting hit by stronger, costlier,...
Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker Aon estimated...