The Strategy and Budget Office (SBO) of the Turkish Presidency has published a preliminary analysis of the financial impact of the destructive 6 February earthquakes in southern Turkiye, using post-disaster needs assessment methodology.
The government of Djibouti has signed the first-ever multi-year, multi-peril agreement on the African continent with the African Risk Capacity Group (ARC Group) to protect its most climate-vulnerable communities.
The Insurance Council of Australia (ICA) has called for the Federal Government to continue funding its Disaster Ready Fund (DRF) past the five-year budgeted commitment to better prepare for and protect Australian communities from worsening extreme weather.
Only 12% of residential properties and other real estate of Algerians are insured against natural disasters such as earthquakes, floods and storms, according to the president of the Algerian Union of Insurance and Reinsurance Companies (UAR), Benmicia Youcef.
The demand for earthquake insurance has ballooned in the wake of the devastating 6 February earthquakes that hit Turkiye and Syria.
A new report by Global Federation of Insurance Associations (GFIA) has identified and quantified the most significant - and growing - annual global protection gaps: $1tn for pensions; $900bn for cyber; $800bn for health and $100bn for natural catastrophes.
PERILS, the independent Zurich-based organisation providing industry-wide catastrophe insurance data, has stated that the floods in North Island in New Zealand, during the period of 27 January to 2 February 2023, have led to the costliest weather event for the region's insurance industry to date.
Over 57% of Indian CxOs rank climate change as significantly higher and top three priority ahead of economic outlook according to a new report by Deloitte.
The total number of plastic particles floating in the world's oceans across all five sub-tropical gyres, costal Australia, Bay of Bengal and the Mediterranean is estimated to be a minimum of 5.25tn particles weighing 268,940 tons according to a new research published by the journal PLOS One.
A detailed "future flood map" of Britain has revealed that annual damage caused by flooding in the country could increase by more than a fifth in today's terms over the next century.