Perils has updated its industry-loss estimate for the September floods in Central Europe and Italy to EUR2.19bn ($2.4bn).
Catastrophe data aggregator PERILS has now raised its insurance industry loss estimate for the severe flooding experienced across parts of Central Europe ...
This finding was made using detailed data collected in Austria over more than a century—but it can also be applied to other ...
Upper Austria narrowly avoided a flood disaster in the fall - partly because of the targeted investments made in recent years ...
Severe flooding of production facilities in Switzerland and Spain saw profit fall to $US 62.3m at Stadler in 2024.
A look at Austria is particularly revealing ... The risk of short-term flooding is therefore much higher in areas close to such rivers," explains Blöschl. The situation is different for larger ...
Stadler has presented its financial results for 2024, noting the significant impact of three major environmental disasters.
Climate change may lead to more precipitation and more intense floods, but this activity will depend on the duration of ...
Ex-tropical cyclone Alfred caused huge swells and flooding as it hit Australia's east coast over the weekend. Footage shows beach erosion at the Gold Coast's Surfers Paradise, a car windscreen impaled ...