Valentine’s Day storms’ cost estimate at US$69m, claims set to cross 20,000: ICA
March 8 2024 by Kristina Shperlik
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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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NSW ‘black nor’easter’ storms declared significant event as claims top 11,500: ICA
- April 10
Suncorp, which received 2,700 claims, and IAG, with 3,100 claims, have said that almost 80% of the losses are coming from property damage.
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New normal of US$100bn annual nat cat losses calls for greater resilience
- April 4
The pace of the widening protection gap for natural catastrophes is increasing, and Swiss Re has urged for meaningful climate adaptation and resilience programs
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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.
