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HURRICANE RELATED CATASTROPHES
India's GIC Re plans to reduce share of overseas property risk as climate losses riseIndian reinsurer GIC Re is strategically shifting its overseas business focus. Amidst escalating climate-related losses globally, the compa...
Tropical storm Melissa set to become one of the strongest Atlantic hurricanes; Jamaica, Caribbean, and US on alert as category 4 hurricane approachesTropical Storm Melissa is expected to become a powerful hurricane. Forecasters warn of catastrophic rainfall and damaging winds. Jamaica is...
Natural disasters caused $135 bn in economic losses in first half of 2025: Swiss ReSwiss Re reports that natural disasters caused $135 billion in global economic losses in the first half of 2025, significantly higher than ...
Camp Mystic confirms 27 dead in devastating Texas floods: ‘Our hearts are broken’Texas flooding: The death count in devastating Texas flood surpassed 80 after Camp Mystic announced a heartbreaking update Monday, confirmi...
A look at some of the deadliest floods in the U.S. in the last 25 yearsFlooding is a major cause of deaths in the United States. Texas Hill Country faced deadly flash floods in July 2025. Hurricane Helene cause...
2025 hurricane season: Unseen floods, lightning-fast storms, and inland fury threaten millions in US beyond the coastlineNational Hurricane Center urges readiness as the 2025 Atlantic hurricane season begins, recalling Hurricane Helene's devastation with 251 d...
Tropical Storm Watch: Hurricane Nadine still on the horizon, as Hurricane season is far from overThe 2024 Atlantic hurricane season has been classified as "above-normal," with 13 named storms already recorded. Forecasters are now monito...
Helene makes landfall in northwestern Florida as a Category 4 hurricaneHurricane Helene, a Category 4 storm, made landfall in northwestern Florida, causing significant damage and power outages across the southe...
Muddy Waters shorts Canada's Fairfax Financial, alleges asset value manipulationFairfax currently has a short interest of 0.65% of free float worth C$203.81 million ($151.36 million), with short sellers having made over...
Hurricane Hilary: Roads closed, power poles downed, Newsom declares state of emergency amid huge storm | UpdatesHurricane Hilary got closer to Mexico's coast on Sunday. It's now a weaker Category 1 hurricane, but it's still dangerous. The National Wea...
People trapped, 2.5M without power as Ian drenches FloridaLaw enforcement officials in nearby Fort Myers received calls from people trapped in flooded homes or from worried relatives. Pleas were al...
Tracking Hurricane Fiona: Island-wide power outage in Puerto Rico, everything you need to knowThe hurricane is expected to strengthen over the following two days, with wind gusts possibly hitting 115 mph.
Natural disaster losses hit $72 bn in first half 2022: Swiss ReThough the figure is lower than the $91 billion estimate for the first six months of 2021, it is close to the 10-year average of $74 billio...
Natural disasters cost insurance industry $76 billion in 2020, says Swiss ReThe 40% increase from $54 billion in 2019 dwarfed the $7 billion in man-made losses during 2020, the reinsurance company said in its sigma ...
200 Indian students caught in Houston flooding being evacuatedThe minister said that two Indian students, Shalini and Nikhil Bhatia, are admitted in ICU, and that the Indian consulate is reaching out t...
Twitter can help track floods, earthquakes in real time and alert first respondersWith over 500mn tweets sent every day, new research is investigating ways to use this data during catastrophes.
- Not living up to potential can be disastrous
The destructive quotients of weather-induced debacles such as tornado trails, landslides, floods and avalanches are easily visible, particu...
- Catastrophe-led losses hit a record this year
Economic losses arising out of very severe natural catastrophes during the first six months of 2011 have surpassed all previous records.
- Floods put reinsurers under the weather
Reinsurers, insurance associations and risk consultants have been following a ‘probabilistic flood model’, which takes into account a histo...
- Munich Re Q3 profit rises 45%
Munich Re, the world’s second-largest reinsurer, said on Tuesday its third-quarter profit rose 45% because of lack of major disaster-relate...