$142m loss in Fujian Province, China. Insured losses in Taiwan "unlikely to exceed $100m" - AIR
$6m losses to agriculture in Tawain. Typhoon makes landfall in China.
Chinese authorities evacuate tens of thousands of people. Fung-Wong to make second landfall in Fujian Province as CAT 1 typhoon today.
Wind speeds of 140 kmph. China very likely to be hit in 12 hours.
Insured losses from hurricane now seem at low end, after Dolly kept north
Tropical Storm with 85kmph winds nears Cancun, could become a hurricane by Tuesday.
Tropical Storm warnings eased in Carolina, U.S.
Tropical Storm fatalities in Taiwan, caused by flooding, landslides
Downgraded from a typhoon to a tropical storm, but causing flooding and mudslides
Winds of 108 kmph, some flooding. Typhoon heading for China.
Munich Re summarises "substantial and above average" impact of the first six months of the year
Training in water damage for claims handlers, loss adjusters and supply chain managers
‘Government money must match UK flood advice’
ACE is the second largest writer of crop insurance in the US and is protected by stop-loss reinsurance cover
Losses of up to $1bn expected in Iowa alone, says RMS
Brian Secrett and Laura Davis are both internal promotions
Key conclusions were in research and reinsurance retention levels
S&P article looks at pros and cons of creating a government catastrophe programme
Was last year’s flooding a sign of more to come?
It has been called “China’s Hurricane Andrew”. Following the Sichuan earthquake in China, Helen Yates asks how future events could be better insured and whether a government-backed catastrophe pool could be the solution.
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