Tag: natural catastrophes
Jamaica to Get 2nd Parametric Insurance Payout for Excess Rainfall From Storm Melissa
The Caribbean parametric insurer, CCRIF SPC, announced it will make...
KCC Estimates Privately Insured Losses From Hurricane Melissa Will Hit $2.4 Billion
Catastrophe modeler KCC estimated that privately insured losses from Hurricane...
Here’s How Much Hurricane Melissa Was Worsened by Climate Change
Hurricane Melissa became the most powerful storm on record to...
Jamaica to Get Record $70.8M Parametric Payout From CCRIF for Hurricane Melissa
The Caribbean Catastrophe Risk Insurance Facility (CCRIF) announced it will...
Ex-PIMCO Executive Plans to Launch Europe’s First ETF Based on Catastrophe Bonds
Europe may soon get its first exchange-traded fund based on...
Deadliest Philippine Quake in 12 Years Kills 69, Rescue Underway
At least 69 people were killed and more than 100...
New Zealand to Ease Strengthening Rules on Quake-Prone Buildings
New Zealand is changing the way it assesses earthquake-prone buildings...
Storm Ragasa Nears Vietnam After Soaking Southern China
Tropical Storm Ragasa is moving toward northern Vietnam, threatening to...
Former California Insurance Commissioner Carries on Climate Change Crusade
When Dave Jones first started talking about climate change and...
Disasters Damage $12.7 Billion of African Infrastructure a Year
The average annual loss of infrastructure including buildings caused by...
Typhoon Podul Slams Into Southern Taiwan, Hundreds of Flights Canceled
Typhoon Podul hit Taiwan’s sparsely populated southeast coast on Wednesday packing winds of up to 191 kph (118...
Frequent Disasters Expose Climate Risks to Infrastructure in South Asia
Floods that damaged hydropower dams in Nepal and destroyed the...