Ukraine conflict industry loss could exceed $20bn: PCS
The insurance and reinsurance industry loss from the conflict in Ukraine could exceed US $20 billion, according to Verisk-owned specialist claims and loss data unit PCS. Property Claim Services (PCS) has analysed data from its three most relevant product offerings, the PCS Global Aviation, PCS Global Marine and Energy, and PCS Global Large Loss services, […]
What’s behind South Africa’s flood disaster
South Africa, the continent’s most industrialised country, has largely escaped the tropical cyclones that regularly hit its neighbours. But last week, storms pummelled the east coast city of Durban, triggering heavy floods and landslides that killed more than 440. Here are the main questions behind the floods and devastation. FULL PUBLICATION HERE
