by AIP Online Bureau | May 8, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management
El Niño is caused by ocean currents that bring dry and hot weather to Southern Africa. Zimbabwe, Malawi and Zambia have declared national state of disasters The African Union’s climate insurance agency will pay out at least $60 million to four southern African nations...
by AIP Online Bureau | Jan 27, 2022 | International News, Non-Life, Reinsurance
Insurance payments to farmers due to drought rose more than 400% between 1995 and 2020 to $1.65 billion, while payments due to excess moisture – like floods – rose nearly 300% to $2.61 billion, according to the nonprofit environmental group, which examined...