natural catastophes News

Catastrophes Affect Lloyd’s Profits, First Loss in 6 Years

Following one of the costliest years for natural catastrophes in the past decade, Lloyd’s, the specialist insurance and reinsurance market, announced an aggregated market loss of $2.7 billion for 2017. The key financial figures are: Aggregated market pre-tax loss of …

Social Media Can Warn of Impending Natural Catastrophes

Social media can warn us about extreme weather events before they happen – such as hurricanes, storms and floods – according to new research by the University of Warwick. Nataliya Tkachenko, with her supervisors in the Department of Computer Science, …