As climate change intensifies the frequency and severity of natural disasters across Europe, the gap between insured and total economic losses—known as the natural catastrophe insurance protection gap ...

In the town of Mthatha, a week of unprecedented rainfall has left a trail of devastation: More than 100 lives lost, thousands displaced, and roads and public infrastructure washed away. The true ...

Forbes contributors publish independent expert analyses and insights. Monica Sanders covers climate justice and sustainability from the DMV. The economic losses from natural disasters in 2023 were ...

With the surge in natural disasters in the last decade, the Governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has called on leaders in the Group of Twenty (G20) to bridge the gap in ...

A ‘perfect storm’ of new risks is creating an insurance ‘protection gap’ for the clean energy sector. Image: Nextracker. The insurance industry must adapt to evolving risks in the clean energy ...

Every year, extreme weather events wreak havoc across Canada, disrupting the lives of tens of thousands. Financial losses from these events have surged, surpassing $7 billion in 2024, due in part to ...