All flood risk articles
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AnalysisCase 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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NewsCyclone Gabrielle costs insurers $1.5 billion
The catastrophes have disrupted supply chains and tested New Zealand’s resilience
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NewsNew 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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NewsAustralia 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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NewsDamage 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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NewsAPAC 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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NewsEx-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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NewsEastern 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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NewsLa 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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NewsPERILS 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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NewsAustralia 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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NewsMajor floods continue across NSW, Victoria
Widespread disruption continues due to flood-impacted roads, rail, homes, properties, businesses and agricultural land
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NewsCatastrophic 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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NewsPakistan 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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NewsNSW 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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NewsSeoul: 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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NewsAPAC 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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NewsEastern 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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NewsSignificant 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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NewsAustralia’s extreme weather burden grows - ICA
Since 2005, Commonwealth expenditure on disaster relief was $24 billion, while spending on disaster resilience was just $500m