Category:

Disaster & Management

Global insured losses from severe thunderstorms reach new all-time high of USD 60 billion in 2023, Swiss Re

Global insured losses from severe thunderstorms reach new all-time high of USD 60 billion in 2023, Swiss Re

Jérôme Jean Haegeli,Chief Economist, Swiss Re A high number of low-to-medium-severity events will aggregate to insured losses of more than USD 100 billion in 2023 Jérôme Jean Haegeli, Swiss Re's Group Chief Economist, says: "The cumulative effect of frequent, low-loss...

read more

Oneglobal and Floodbase partner to develop parametric flood insurance programs across Asia

Connected through Lloyd's Lab, the two organizations recognized a massive opportunity to marry Floodbase's unmatched historical and near real-time flood data with Oneglobal's re/insurance expertise, leading market presence, and reputation for innovation BROOKLYN, N.Y:...

read more

‘ Tamil Nadu has received historic rainfall but damage less than previous times” says CM Stalin on effect of Cylone Michaung

Chennai Airport has resumed operations after being temporarily shut down due to heavy rains that caused flooding and waterlogging on the runways, said an airport official Chennai: Amid destructions caused by Severe Cyclonic storm 'Michaung' in the state, Tamil Nadu CM...

read more