Extreme Weather
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Climate Change Supercharged Deadly Asia Floods, Study Finds
Insurance Journal· 2025-12-12 15:10
Climate change supercharged devastating floods that killed more than 1,600 people across parts of South and Southeast Asia, according to new research.A trio of tropical cyclones battered the region from Sri Lanka to Indonesia in November, causing at least $20 billion of losses. The storms led to torrential rainfall and destructive floodwaters that swept through homes, businesses and tourist spots, damaged roads and rail lines, obliterated crops and smothered factory output. Warmer Indian Ocean waters — abou ...
How Extreme Weather Could Impact Your Retirement Savings: Are You Prepared?
Yahoo Finance· 2025-12-06 05:38
The Washington Post / Contributor / Getty Images Key Takeaways One-in-four Americans said in recent survey that loss of insurance, risks of rising costs, or damages due to natural disasters were among the top risks for their retirement incomes. More than half (56%) have anxiety about how extreme weather could affect their finances or health, but only 10% of those have discussed the concerns with a financial professional, according to the survey from Allianz Life. Only slightly more than third (36%) o ...