Natural disasters

Researchers studied satellite observations to evaluate extreme wildfire events around the globe.

The agency is stretched thin with a record number of billion-dollar catastrophes and a mission that's expanded to cover Covid-19 and the migrant care crisis.

What steps can be taken to successfully navigate through this difficult, complex market?

The total insured wind and storm surge losses in Texas will be between $700 million and $1.5 billion, Corelogic estimates.

Zimbabwe received $31.8 million from African Risk Capacity, an arm of the African Union, as part of an insurance payout for the devastation the country suffered from an El Niño-induced drought.

Insurers are introducing AI-driven technology and historical data analysis to combat the costly impacts of climate risks.

Investors in bonds intended to help Jamaica cover the costs of a natural catastrophe won't be affected by the havoc wrought by Hurricane Beryl.

Zurich and Aon launch clean energy insurance facility and Mercury expands virtual home inspections, plus other insurtech news.

Climate change is now a third-party player, and it's changing the rules of the game.

California, rushing to halt an exodus of property insurers fleeing wildfire risk, has designated regions of the state where companies will be required to provide coverage in exchange for new industry-friendly regulations.

As soon as temperatures breached 43.6C in Ahmedabad, Makwana and thousands of other women were told that ICICI Lombard, an insurance company, would pay them a portion of their daily wages.

Casey Kempton, president of personal lines at Nationwide, addressing the Insurtech Insights conference, said carriers should work to educate policyholders about what to expect from weather claims.

Hurricane season has become more active due to climate change, leading to more damage — and more insurance claims. Here is how the industry is responding.

Highlighting what technology tools insurers are using to better understand the risks associated with the climate crisis.

Catastrophe bonds and other insurance-linked securities, which powered last year's highest-returning hedge fund strategy, are built on calculations that can underestimate a new breed of risk stemming from high-frequency events such as wildfires and thunderstorms, according to veteran investors.

Heavy rains in Rio Grande do Sul, Brazil's southernmost state, left entire cities under water and shut down its main airport indefinitely.

Climate-related disasters rank as just one of the leading factors.

With the retreat from globalization, insurers will have to adapt but it won't be easy.

The Net Zero Insurance Alliance will instead be replaced by the Forum for Insurance Transition to Net Zero (FIT), convened and led by the United Nations Environment Programme, according to a statement on Thursday.

There is a disconnect between today's insurance frameworks and the financing needed to invest in adaptation and mitigation measures.