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Explosive Wildfires Surge Through Oklahoma Panhandle and Kansas
Insurance Journal· 2026-02-19 16:16
A fast-moving wildfire on Oklahoma’s panhandle has doubled in size as it presses into Kansas, as firefighters contend with days of dry heat and gusting winds across the Great Plains.The Ranger Road Fire had consumed more than 280,000 acres as of Wednesday evening, nearly 20 times the size of the island of Manhattan. In all, more than 300,000 acres have burned in Oklahoma this week as temperatures soar roughly 15F (8C) above average. State officials have received 33 reports of fires and hotspots spanning nea ...
Asia is one of the world’s least insured places, even as it’s battered by climate change and natural disasters
Yahoo Finance· 2026-01-30 04:00
Core Insights - The lack of insurance coverage in Southeast Asia poses a significant threat to the region, which is becoming increasingly vital for global supply chains due to natural disasters like tropical storms and flooding [1] Group 1: Insurance Coverage and Economic Impact - Total losses from natural disasters in the Asia-Pacific region reached $73 billion last year, with only $9 billion insured, highlighting Asia as one of the least insured regions globally [2] - In many lower-income countries in Asia, such as Myanmar, Laos, Cambodia, and the Philippines, insurance coverage can be less than 5% [3] - The inadequate insurance coverage in Southeast Asia increases the risk of economic shocks that can affect neighboring countries, as the region is a crucial hub for agriculture and manufacturing, producing 30% of the world's rice and over 80% of its palm oil [4] Group 2: Challenges in Insurance Market - The lack of reliable climate data in Asia complicates risk assessment for insurers, making it difficult for them to price risks and enter the market [4] - Governments often perceive insurance as a waste of public funds, as it provides intangible benefits without immediate returns unless a payout occurs [4] - The impact of climate disasters on farmers leads to reduced yields and crop failures, which further strains logistics and supply chains, damaging infrastructure and delaying shipments [5] Group 3: Socioeconomic Consequences - Vulnerable populations without insurance face severe consequences, including loss of property and infrastructure, which can lead to broader socioeconomic issues [5] - Disaster losses can result in consumption losses, forcing families to make difficult choices, such as withdrawing children from school or selling assets to survive [6]
Coding the future | Where the Internet Lives
Google· 2026-01-28 22:33
My dad used to tell me, a girl in India needs to be really strong, physically strong, because the world is against you. In Indian culture, every message that a girl gets is to not stand out. Don't talk loud.Don't draw any attention because your voice doesn't matter. This kind of injustice where your future and your potential is determined by where you're born doesn't feel right. And I think in today's day and age, it shouldn't be right.Technovation’s mission is to empower girls and young women to become tec ...
APAC 2026 Insurance Outlook: Insurers Face Geopolitical, Catastrophe, AI Risks
Seeking Alpha· 2026-01-27 06:10
Core Insights - Geopolitics, natural disasters, and AI are identified as key issues facing Asian insurers in 2026 [2] Group 1: Risks and Challenges - Geopolitics was highlighted as a significant risk at the beginning of 2025, and this assessment has proven to be accurate [2]
X @The Economist
The Economist· 2025-11-25 00:20
Many governments in Asia are reluctant to set aside money on the basis of forecasts. Yet pre-empting natural disasters can be a powerful tool https://t.co/f9x8t8vMQ7 ...
X @The Economist
The Economist· 2025-11-20 17:15
Acting ahead of looming natural disasters can be a powerful tool https://t.co/Zaw8yjcbvA ...
X @mert | helius.dev
mert | helius.dev· 2025-11-19 18:45
Cryptocurrency Market - Zcash experienced a significant rally [1] Natural Disaster Forecasting - Bitcoin account humorously suggests a correlation between renaming the Gulf and the absence of US landfall hurricanes [1] - For the first time in a decade, there have been zero hurricanes that made US landfall and zero Gulf hurricanes with only 2 weeks remaining in hurricane season [1]
X @The Economist
The Economist· 2025-10-31 13:00
Country Risk Management - Natural disasters can be devastating for small, poor countries like Jamaica [1] - Advance preparation can reduce the damage from natural disasters [1] - Catastrophe bonds are a way to prepare for natural disasters [1]
X @Bloomberg
Bloomberg· 2025-10-22 16:30
Companies in the business of preparing or recovering from natural disasters are outperforming the S&P 500.Asheville's rebuilding after Hurricane Helene shows them in action. Read The Big Take ⬇️ https://t.co/I8OaTNkDsf ...
X @Bloomberg
Bloomberg· 2025-10-22 11:00
Companies in the business of preparing or recovering from natural disasters are outperforming the S&P 500.Asheville's rebuilding after Hurricane Helene shows them in action. Read The Big Take ⬇️ https://t.co/9lOmFKhFGN ...