Thursday, September 17, 2026
Capital markets have become the reinsurer of last resort for storm and quake risk, and the spread on a cat bond is now a cleaner read on climate exposure than anything in an insurer's filings.
Satellite comparison and video have established what happened above the Nepal-China border. The death toll has risen to at least 469, and the same valley is being watched for a second flood.
At least 389 are dead in Nepal and more than 1,300 missing, among them over 700 foreign nationals from two dozen countries. Chinese authorities warn a landslide-dammed lake could give way.