Catastrophe modeling firm AIR Worldwide estimates that insured losses from Windstorm Christian (known as St. Jude in the UK) will range between EUR 1.5 billion and EUR 2.3 billion, with the majority of insured losses occurring in Denmark and Germany. …
A new scientific study on the impact of a major earthquake in Canada, released in Ottawa today by Insurance Bureau of Canada (IBC), leaves no doubt that Canada is not prepared to handle a major earthquake, which could happen at …
According to catastrophe modeling firm AIR Worldwide, Winter storm “Christian” (known as “St. Jude” in the United Kingdom) battered the western shores of southern Great Britain early on Monday, October 28, 2013, as one of the strongest extratropical cyclones to …
According to catastrophe modeling firm AIR Worldwide, on Thursday, October 17, bushfires exacerbated by hot, dry, and windy conditions spread across the state of New South Wales, where authorities declared a state of emergency on Sunday. Bushfires are common during …
More than 18.6 million participants nationwide and across the globe are scheduled to take part in an earthquake drill today. The annual Great ShakeOut earthquake drill is scheduled to be held at 10:17 A.M. today. In California alone there are …
According to catastrophe modeling firm AIR Worldwide, around 21:15 local time (15:45 UTC) on Saturday, October 12, very severe Cyclonic Storm Phailin made landfall on the eastern coast of India near Gopalpur in Odisha. Phailin was a large storm, with …
According to catastrophe modeling firm AIR Worldwide, after rapidly dissipating on Monday night and being downgraded to a remnant tropical low, Manuel reformed and strengthened back to hurricane intensity on Wednesday. The re-formation was aided by a reduction in wind …
Three days of intense rainfall in many areas of Colorado has resulted in severe, widespread flooding and collapsed homes, according to catastrophe modeling firm AIR Worldwide. The greatest threat is to cities along the Front Range, including the city of …
According to catastrophe modeling firm AIR Worldwide, after a prolonged period of above average temperatures in Central Europe, several severe hail events were triggered on the 27th and 28th of July, ahead of a low pressure system named Andreas. On …
According to catastrophe modeling firm AIR Worldwide, homes and roads in central New Zealand were damaged by a M6.5 earthquake on Friday, August 16, at 2:31 p.m. local time (2:31 a.m., UTC), but no serious injuries have been reported. The …