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Eastern Australia floods top 2022 ex-US cat losses for insurers

Eastern Australia floods top 2022 ex-US cat losses for insurers
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Coastal News Today | USA - Natural Disasters Cost Insurers $39B During H1 2022, 18% More Than Average

Coastal News Today | USA - Natural Disasters Cost Insurers $39B During H1 2022, 18% More Than Average
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Natural Disasters Cost Insurers $39B During H1 2022, 18% More Than Average: Aon

Insured losses from global natural disaster events were estimated at $39 billion during the first half of 2022, 18% higher than the 21st century average

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SCSs drive $39 billion in 1H nat cat claims

SCSs drive $39 billion in 1H nat cat claims
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European Floods in Mid-July Cost Insurers $12B, Topping Non-U.S. Events in 2021

The most significant non-U.S. loss event in 2021 was the mid-July flooding in Western Europe, according to CRESTA, the Zurich-based insurance industry

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Why Rethinking Resilience is Key to Reevaluating Your Supply Chain Strategy

Why Rethinking Resilience is Key to Reevaluating Your Supply Chain Strategy
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A Decade on, the Painful Reverberations of Japan's Fukushima Disaster

April 16, 2021 last updated 13:2 ET
A woman lays flowers at a beach in the northeastern city of Iwaki, in Fukushima prefecture, Japan, on the 10th anniversary of the 2011 earthquake and tsunami, March 11, 2021 (Kyodo photo via AP Images).
A Decade on, the Fukushima Disaster’s Painful Reverberations in Japan
The 9.0 magnitude earthquake that struck Japan a decade ago was a literally world-changing event. One of the most powerful tremors ever recorded, it rearranged the planet’s mass, shortening Earth’s day by 1.8 microseconds and causing it to wobble on its axis by an additional 6.7 inches. It also triggered a record-setting tsunami and knocked the Fukushima Daiichi Nuclear Power Plant, in northeastern Japan, offline, resulting in the worst nuclear meltdown the world had seen since the Chernobyl disaster of 1986. More than 18,000 people were left dead or unaccounted for.

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U.S. hails "unwavering" friendship with Japan on 10th anniv. of 3/11

U.S. hails "unwavering" friendship with Japan on 10th anniv. of 3/11
The U.S. government on Wednesday hailed the "unwavering" friendship between the American and Japanese people on the 10th anniversary of a massive quake and tsunami that devastated northeastern Japan and also triggered the Fukushima nuclear power plant accident.
"Americans are proud to have supported Japan in the aftermath of the March 11 disaster," Secretary of State Antony Blinken said in a statement, referring to a relief operation jointly carried out by the U.S. military and Japanese Self-Defense Forces.
U.S. Secretary of State Antony Blinken is pictured in Washington in February 2021. (UPI/Kyodo)

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FEATURE: Engineers smashing disciplinary silos as natural disasters worsen

FEATURE: Engineers smashing disciplinary silos as natural disasters worsen
As the magnitude and complexity of natural disasters become more magnified, Japanese civil engineers are stressing the importance of preparing for future calamities from the perspective of "multihazard" risk.
Kazuo Konagai, former president of the nonprofit Engineers Without Borders Japan, told Kyodo News in a recent interview that he is growing more and more concerned intense climate change-fueled natural disasters are increasing the risk of simultaneous hazardous events.
Kazuo Konagai (2nd from R), former president of Engineers Without Borders Japan, attends a technical seminar on earthquake rehabilitation and reconstruction in Muzaffarabad, Azad Kashmir, on Oct. 24, 2007. (Photo courtesy of Kazuo Konagai) (Kyodo)

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Celebrities, athletes send messages on 10th disaster anniv.

Celebrities, athletes send messages on 10th disaster anniv.
Celebrities and athletes at home and abroad offered words of encouragement as well as expressions of gratitude for support as Japan marked Thursday the 10th anniversary of a devastating earthquake and tsunami that hit the country's northeast.
Lady Gaga is pictured in Washington in January 2021. (UPI/Kyodo)
American pop singer Lady Gaga said she has "so much respect to the people of Japan for your strength, kindness and love for each other" after seeing and hearing about the recovery of the disaster-hit region over the past decade.

"I think it gives hope to the people now who are fighting through the COVID(-19) pandemic all around the world," the 34-year-old diva said in a video message posted on her Twitter account, referring to the ongoing global health crisis.

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