2022 floods among Australia’s costliest ever disasters: ICA

ew data from the Insurance Council of Australia shows that flooding in South-East Queensland and Northern New South Wales in late February and early March has caused $4.8 billion in insured damages, meaning it ranks as the third costliest extreme … Read More

Australia flood costs creep higher, $2bn+ bill expected

The latest reports from the Insurance Council of Australia (ICA) suggest that insured costs from flooding in Australia’s Queensland and New South Wales areas have continued to creep higher, with industry losses now estimated at $1.89 billion. According to ICA … Read More

At least 96 killed, nearly 70,000 displaced as quake, floods hit Indonesia

The quakes have forced about 28,000 people to take shelter in 25 evacuation centres in the city of Mamuju.PHOTO: AFP JAKARTA (XINHUA, AFP) – The death toll from a strong earthquake and floods in the central parts of Indonesia has … Read More

Natural disasters cause $210 billion in damage in 2020, insurer says

posted in: Breaking News, News

FRANKFURT (Reuters) – Natural catastrophes around the world resulted in $210 billion in damage in 2020, with the United States especially hard hit by hurricanes and wildfires, a top insurer said on Thursday. The damage, tallied by the German reinsurer … Read More

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