All the headlines from our Catastrophe Topic Page, ordered by recency.
Jan 5 2024 // Inigo Ltd. announced it has issued its third catastrophe bond for $100 million via Montoya Re Ltd. The cat bond will cover North American named storms and earthquakes and will use a PCS industry loss index trigger.The...
Jan 5 2024 // The 2024 PGA Tour teed off Thursday with the opening round of The Sentry, the first major sporting event to be held on the island of Maui since the devastating Lahaina wildfires in August.Sentry Insurance, the...
Jan 5 2024 // The powerful earthquake that hit Japan’s western coast on New Year’s Day has underscored the country’s exposure to natural disasters, casting fresh doubt over a push to bring its nuclear capacity back...
Jan 4 2024 // A small earthquake shook the Maryland suburbs of Washington, D.C., early Tuesday, according to the U.S. Geological Survey.The quake with a preliminary magnitude of 2.3 happened around 12:51 a.m. It was centered nearly 2...
Jan 3 2024 // The restaurant where Katie Austin was a server burned in the wildfire that devastated Hawaii`s historic town of Lahaina this summer.Two months later, as travelers began to trickle back to nearby beach resorts, she went to...
Jan 2 2024 // The largest non-US natural catastrophe in 2023 was the Kahramanmaras Earthquake Sequence in Turkey on Feb. 6, which generated an industry loss of US$5.8 billion, the largest ever cat loss for the Turkish insurance market,...
Dec 29 2023 // Consumer protections for homeowners dealing with wildfire-related issues, property contents coverage, personal data protection and prescription drugs are set to go into effect in 2024.The Oregon Division of Financial...
Dec 28 2023 // Sharlene Rabang and her calico cat fled the wildfire that destroyed her town on Maui and arrived at a family home on another Hawaii island after a 24-hour odyssey that included sleeping in a car.Dazed, coughing and weak,...
Dec 22 2023 // NASHVILLE, Tenn. (AP) — A seventh person in Tennessee has died from injuries she suffered during a string of powerful storms earlier this month that whipped up destructive tornadoes, according to police.Penny...
Dec 21 2023 // A dozen people were still missing on Thursday after a 6.2-magnitude earthquake struck northwestern Gansu province late Monday, and netizens questioned the speed at which rescue operations had ended.Chinese media reported...
Dec 20 2023 // Allianz has sponsored a new catastrophe bond which will provide the group with multi-year risk transfer capacity of €250 million to protect itself against European windstorms.Allianz entered into a three-year reinsurance...
Dec 20 2023 // Hawaii Gov. Josh Green said he was requesting $425 million from lawmakers during the next fiscal year to help Maui recover from August’s wildfires, and millions more to reduce the risk of wildfires statewide.The...
Dec 20 2023 // The death toll from China’s worst earthquake since 2014 rose to more than 130 as the government sent a top official to oversee recovery efforts.Some 113 people were killed in mostly rural areas of Gansu province and...
Dec 19 2023 // While only three hurricanes made landfall in the United States this year, rapidly intensifying hurricanes in the Atlantic and Pacific oceans charted near the top of record lists in 2023.Each of the year’s major...
Dec 19 2023 // CLARKSVILLE, Tenn. (AP) — A 4-month-old boy has survived after a tornado in Tennessee sucked him up from his family`s mobile home, which was demolished in the storm.Sydney Moore told WSMV-TV that when the tornado hit...
Dec 18 2023 // Initial industry losses for extratropical windstorm Ciarán, also known as Emir, are estimated at €1.9 billion (US$2.1 billion), according to PERILS, the independent Zurich-based organization that provides industry-wide...
Dec 18 2023 // FORT LAUDERDALE, Fla. (AP) — It’s beginning to look at lot like … hurricane season — at least across much of South Florida, where it’s been windy and rainy for two days and the forecast...
Dec 15 2023 // The UK is at high risk of a “catastrophic” ransomware attack that could bring critical national infrastructure to a standstill and cost the country tens of billions of pounds, according to a parliamentary...
Dec 15 2023 // Newswise — With a severe shortage of affordable housing in the United States, renters living along the East and Gulf coasts are uniquely vulnerable to hurricane disasters. Two new studies based on data from 2009 to 2018...
Dec 14 2023 // Residents of Garner, North Carolina, have spent the week cleaning up after an F1 tornado damaged more than 20 homes and left four of them uninhabitable.The Raleigh News & Observer reported that warmer winters already...