Financial Firms Face $225B in Losses From Water Risks of Flood, Drought, Pollution May 5, 2022 By Simon Jessop and Tommy Wilkes Financial institutions face losses of at least $225 billion from risks related to water, with a third of them doing...
U.S. Farmers and Shippers Face Huge Losses From Flooding Again March 2, 2020 By Brian K. Sullivan For the second year in a row, much of the U.S. is primed to suffer multi-billion dollar flood losses, with...
$1 Spent on Hurricane Protection Equals $105 in Business Property Loss Savings June 28, 2018 Take it to the bank: Every $1 a business spends on hurricane protection in the U.S. reduces loss exposure by...
FEMA Extends Flood Insurance Claims Deadline for Jersey Sandy Victims May 2, 2014 New Jersey residents and businesses are getting an additional six months to add losses to their National Flood Insurance Program...
Multiple Billion-Dollar Flood Events Highlight Active August for Natural Catastrophes: Aon Benfield September 6, 2013 Billion-dollar flood losses were recorded in China, Russia, Philippines and Pakistan during August, causing an initial combined estimate of $10...
Allianz Estimates Its European Flood Losses at $467M June 14, 2013 By Carolyn Bandel Allianz SE, Europe’s biggest insurer, said preliminary estimates show its net losses from the flood claims in Germany, Austria and...
Republican Senator Called for Swift Federal Aid After Katrina January 8, 2013 U.S. Rep. Steven Palazzo says he voted against funding to pay the Hurricane Sandy flood insurance claims because of the...
RMS: Hurricane Isaac Insured Losses between $1 to $2B from Wind and Surge September 14, 2012 U.S. insured losses from Hurricane Issac’s wind and surge impacts on the U.S. Gulf Coast will fall between USD$1−2 billion,...