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Five storms made landfall in the US state of Louisiana alone in 2020 - a new record

Disaster losses in 2020 jump 25% to $187 billion

Total losses from natural and man-made disasters so far this year are estimated at $187 billion (€154 billion), up 25% from 2019, reinsurance giant Swiss Re said today.

Business • 15 Dec 20

Wal-Mart said its quarterly sales were boosted by hurricane-related purchases and soaring online sales

Wal-Mart posts better than expected third quarter sales

Wal-Mart Stores, the world's largest retailer, has reported better than expected quarterly sales at established US stores on Thursday.

Business • 16 Nov 17

Allianz's quarterly profit of €1.6 billion was in line with expectations but down from €1.9 billion a year ago.

Allianz Q3 net profit down on hurricane-related claims

German insurance giant Allianz said it posted a 17% decline in net profit in the third quarter as a spate of natural catastrophes increased claims and weighed on earnings.

Business • 10 Nov 17

Hiscox revises down hurricane claim estimates

Lloyd's of London underwriter Hiscox said it now estimates net claims for Hurricanes Harvey, Irma and Maria to total around $225m, having previously estimated the same amount for Harvey and Irma alone.

Business • 07 Nov 17

The US unemployment rate fell to near a 17-year low of 4.1% in October, new figures show

US job growth accelerates, jobless rate falls to 4.1%

US job growth accelerated in October after hurricane-related disruptions hit employment in September, new figures show today.

Business • 03 Nov 17

US GDP grew at 3% for the three months from July to September

US economy maintains robust 3% growth in 3rd quarter

The world's largest economy continued to expand at a robust pace in third quarter despite being battered by multiple hurricanes, the US Commerce Department said today.

Business • 27 Oct 17

The drop in US payrolls last month was the first since September 2010 as hurricanes hit Texas and Florida

Hurricanes Harvey, Irma batter US employment figures

US employment fell in September for the first time in seven years as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring.

Business • 06 Oct 17

US GDP rose by 3.1% in the three months from April to June, the Commerce Dept said in its third estimate

US Q2 economic growth revised higher

The US economy grew a bit faster than previously estimated in the second quarter, recording its quickest pace in more than two years.

Business • 28 Sep 17

Recent hurricanes in the Caribbean have affected US oil production

Oil falls as Irma heads for Florida, threatening demand

Oil prices fell today after almost a week of rises as Hurricane Irma, one of the most powerful storms in a century, drove toward Florida and the US southeast after destroying islands in the Caribbean.

Business • 08 Sep 17

Super storm Sandy as seen from space (Pic: NASA)

Female-named hurricanes most deadly - study

Hurricanes with feminine names may kill three times as many victims because people do not perceive them as being as threatening as storms named after men.

News • 03 Jun 14

Hurricanes