A quick note from Morningstar DBRS on the impact of the Valencia floods; Morningstar DBRS has released a commentary discussing the potential impact of the recent Valencia floods on seven Spanish banks, BBVA, Caixabank, Banco […]
The latest from Swiss Re as they weigh the costs of flood prevention against the claims costs after an event; Economic losses caused by natural catastrophes reached an estimated USD 280 billion in 2023, with USD 51.6 billion due […]
It’s been the biggest flood event since the city of Valencia was hit in 1957, which prompted the Franco regime of that era to start a diversion scheme for the river Turia in Valencia, shifting […]
The word from Guy Carpenter after the flooding in Central Europe; The estimated market losses from the September 2024 floods stand between EUR 1.6 billion and EUR 2.1 billion. Although the region faced significant rainfall […]
The latest from Fathom who have some timely news, given the frequency of storm events during Autumn around the world; Fathom, a leading flood risk intelligence firm, has launched its state-of-the-art catastrophe model, Global Flood […]
Some analysis of the costs associated with the recent flooding in Central Europe; The Extreme Event Solutions group at Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, estimates that insured industry losses from […]
The value of assets in the way of floods continues to rise and this is especially true of regions like Eastern Europe, or some parts of Asia, where 10-15 years ago infrastructure was not so […]
Allianz SE announced recently that it would donate up to €1.5 million to support disaster relief in Central Europe following the severe flooding by the weather system “Boris,” which brought extreme sustained rainfall to the […]
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