All flood risk articles
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Analysis
Case study: Enhancing urban resilience in Medellín through insurance protection for climate risks
Following the conclusion of the two-year Medellín Tripartite Project in Colombia, the risk industry team involved reflects on the project’s outcome, the challenges they overcame, and how the knowledge they gained on the way can help future resilience programmes
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News
Cyclone Gabrielle costs insurers $1.5 billion
The catastrophes have disrupted supply chains and tested New Zealand’s resilience
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News
New Zealand summer flood claims hit NZ$1.65 billion
Floods are the largest weather-related loss in history for New Zealand, prompting a rethink of extreme weather exposures
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News
Australia on El Nino watch as ENSO enters neutral phase
El Niño is the warm and dry phase of the climatic cycle, bringing the risk of drought and wildfires
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News
Damage from New Zealand catastrophes to exceed $10 billion
Cyclone Gabrielle and Auckland floods to erode profitability of property insurers in New Zealand
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News
APAC nat cat losses cost $70 billion in 2022
In parts of China, a prolonged drought and heatwave disrupted shipping and hydroelectric production
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News
Ex-Tropical Cyclone Ellie brings heavy rain to Western Australia
Floodwater has triggered multiple evacuations, many roads around the Fitzroy River are impassable
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News
Eastern Australia floods top 2022 ex-US cat losses for insurers
The floods generated an industry loss of $4.7 billion, while the Fukushima Earthquake caused $3.9 billion in claims - CRESTA
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News
La Niña shows signs of declining strength
The climatic cyle typically increases chances of above-average rainfall for northern and eastern Australia during summer
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News
PERILS pegs Southeast Australia floods at $791m
The floods primarily affected the states of New South Wales, Victoria and Tasmania during October 2022
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News
Australia continues to warm; rainfall becomes more intense
State of the Climate Report shows an increase in extreme heat events, intense heavy rainfall, longer fire seasons and sea level rise
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News
Major floods continue across NSW, Victoria
Widespread disruption continues due to flood-impacted roads, rail, homes, properties, businesses and agricultural land
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News
Catastrophic floods hit three Australian states
More extreme weather is on its way with widespread rain and storms forecast across eastern Australia later this week
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News
Pakistan faces monumental hunger crisis after floods
The conflict in Ukraine has also disrupted the supply chain of wheat grain, seed and fertilisers into Pakistan
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News
NSW and Victoria face significant flood risk
Many communities are already experiencing flooding due to a wetter than usual spring and saturated soils
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News
Seoul: After the floods
Lashed by the most severe rainfall in over 80 years, will Seoul’s deadly summer floods spark a risk reassessment
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News
APAC region vital to achieving disaster risk reduction targets
The global battle to reduce disaster losses by 2030 will be won or lost in Asia-Pacific, according to the UN Office for Disaster Risk Reduction
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News
Eastern Australia braces for another wet Spring
With a third La Niña officially underway, outlook shows more than 80% chance of above average rainfall
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News
Significant loss creep on East Australia floods
Event is now the largest insured catastrophe loss event experienced in Australia at $6.3 billion
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News
Australia’s extreme weather burden grows - ICA
Since 2005, Commonwealth expenditure on disaster relief was $24 billion, while spending on disaster resilience was just $500m