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Tag: 2022 catastrophes


Capital and Risk, Insurance

Insured Damages in Canada From Hurricane Fiona Now Top C$800M

January 6, 2023

Via: Insurance Journal

Insured damages from Hurricane Fiona are now estimated at over C$800 million (US$591.2 million), according to the Insurance Bureau of Canada (IBC), quoting the Catastrophe Indices and Quantification Inc. (CatIQ). Hurricane Fiona remains the most costly extreme weather event ever […]


News

Hong Kong Scraps Market Trading as Storm Nalgae Draws Near

November 2, 2022

Via: Insurance Journal

Hong Kong closed its $4 trillion stock market early as severe tropical storm Nalgae moved closer on a day when the city hosted a top-level summit for global bankers. Hong Kong Exchanges & Clearing Ltd. scrapped afternoon trading of stocks […]


Capital and Risk, Insurance

Insured Losses From February’s European Windstorms Estimated at €3.7B: PERILS

August 19, 2022

Via: Insurance Journal

Insured losses for the European windstorm series, which affected the British Isles and continental Europe in February 2022, are estimated at €3.739 billion (US$3.8 billion), according to PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data. The windstorm […]