All Catastrophe articles – Page 9
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Typhoon Fung-Wong kills two
$6m losses to agriculture in Tawain. Typhoon makes landfall in China.
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UPDATE: Typhoon Fung-Wong
Chinese authorities evacuate tens of thousands of people. Fung-Wong to make second landfall in Fujian Province as CAT 1 typhoon today.
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Online onlyTyphoon Fung-Wong hits Taiwan
Wind speeds of 140 kmph. China very likely to be hit in 12 hours.
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Dolly caused $350m-$700m losses - AIR estimate
Insured losses from hurricane now seem at low end, after Dolly kept north
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Online onlyDolly shuts down 5% of region’s oil/gas rigs
Personnel evacuated from 49 platforms in Gulf of Mexico
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Online onlyDolly insured loss ‘anywhere from $300m to $1.2bn’
AIR: 10-mile deviation in hurricane’s course could greatly affect estimates
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Energy insurer chooses RMS models
New start-up Torus buys products to assist with technical underwriting
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Dolly could go to hurricane
Probability for CAT 1 or above "35% in about 33 hours" - TSR red alert. Hurricane warnings in Texas and Mexico.
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Online onlyRough wildfire season ahead
Insurers face escalating wildfire cat losses in years to come, according to AM Best
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Online onlyDolly to strike Mexico, likely to strike U.S.
Tropical Storm with 85kmph winds nears Cancun, could become a hurricane by Tuesday.
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Kalmaegi death toll now 19
Tropical Storm fatalities in Taiwan, caused by flooding, landslides
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Tropical Storm Cristobal causes heavy rain in North Carolina
Meanwhile, Tropical Storm Dolly could intensify. Bertha to strike Iceland.
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Kalmaegi to strike China
80% likelihood that tropical storm will have second landfall, after causing flooding and mudslides in Taiwan
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Kalmaegi claims fatalities in Taiwan
Downgraded from a typhoon to a tropical storm, but causing flooding and mudslides
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Features
Pooling together
With the rising cost of natural catastrophes around the world, public private solutions could provide a model for the future. Dr Simon Young explains how the Caribbean Catastrophe Risk Insurance Facility has set a precedent.
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Industry Matters
When storms turn political
With the prospect of high hurricane activity and pressure to keep rates low, reinsurers face a growing need to mitigate their risks, as Bob Ward explains.
