Though NASA confirms that 3I/ATLAS poses no immediate threat to Earth, its unusual trajectory and behaviour have stirred concerns. Scientists ask what might occur if the object were on a collision ...

Manila: Philippine President Ferdinand Marcos jnr has declared a state of emergency after Typhoon Kalmaegi left at least 114 ...

Asset managers with sizable holdings of catastrophe bonds are watching to see how a recent recommendation by Europe’s markets watchdog will disrupt the status quo, with some already warning of a ...

In many communities at high risk for natural disasters, a Wall Street financing tool that's gaining popularity, called a catastrophe bond, may make it easier for homeowners to get insurance. On Oak ...

The seemingly unstoppable rise of catastrophe bonds may now be eroding the market share of reinsurers. After years of raising prices, reinsurers are finding that primary insurers have started relying ...

Melissa is forecast to become the first Category 5 landfall in the Atlantic Basin since Dorian roared into the Bahamas in 2019. There have been 32 Category 5 hurricanes in the Atlantic since the use ...