New Zealand’s climate plan urges development of home flood insurance
August 4 2022 by Karen Lai
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New Zealand’s early-2023 weather events cost US$5.3-US$8.6bn, government inquiry finds
- April 25
Cyclone Gabrielle was a moderate-scale event when compared to what New Zealand could experience, warns the National Emergency Management Agency.
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Asia warming faster than global average, hit by 79 weather-related disasters in 2023: WMO
- April 23
Floods and storms are causing the highest number of reported casualties and economic losses, whilst the impact of heatwaves became more severe, according to a report from the UN climate agency.
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Rainstorms in China linger as insurers count preliminary losses at US$11m
- April 23
Insurers in Zhaoqing and Shaoguan cities, both in the Guangdong province, have thus far received about 4000 claim notifications, according to local media reports.
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El Niño has ended, says Australia’s Bureau of Meteorology
- April 17
The US National Oceanic and Atmospheric Administration said that there’s a 60% chance that La Niña will develop by June–August, which could mean a more active Atlantic hurricane season.
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FM Global | Resilience: No longer a choice
As climate disclosure becomes mandatory and new risks emerge from natural hazards, understanding the tools that are available to build resilience is more important than ever.
