All catastrophe risk articles – Page 4
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Analysis
IPCC: “Half measures no longer an option”
Report calls for ”urgent actions” as increased heatwaves, droughts and floods exceed biodiversity thresholds
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Analysis
IDF launches disaster risk reduction initiative
Anticipatory action partnership with MapAction and Start Network will initially focus on eight catastrophe-exposed nations
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Analysis
Gallagher Re: 2021 third largest cat year for re/insurers
Reinsurance broker urges a rethink of the impact from “secondary perils” as extreme weather events drive loss tally
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Analysis
Descartes in bid to disrupt corporate insurance
The parametric insurtech has ambitious plans to expand climate risk solutions after successful capital raise
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Analysis
Insurers must offer innovative flood solutions
Firms are struggling to access affordable flood coverage as the impact of climate change becomes more apparent
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Analysis
Global catastrophes cost $343 billion in 2021 - Aon
European floods in July were the costliest disaster on record for the Continent at $46 billion
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Analysis
AXA XL launches environmental risks service
Corporates can better understand their environmental exposures by tapping into multiple data sources and advanced analytics
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Analysis
Tonga eruption highlights global telecom vulnerabilities
Catastrophe highlights fragility of the global undersea cable network and how quickly it can go offline
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Analysis
Marshall Fire claims estimated at $1 billion
The devastating late-season wildfire destroyed nearly 1,000 structures in Boulder County, Colorado - KCC
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Expert Views
Promoting risk engineering as part of a healthy risk culture
Nat cats cannot be avoided, but risk engineering plays an important role in reducing their site-specific impact
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Analysis
Western European floods “most significant” event of 2021
Insurance industry losses from the devastating July floods have surpassed $13 billion
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Analysis
Storm Arwen costs "tens of millions of euros"
The first windstorm event of the current season, caused disruption across northern parts of the UK - Impact Forecasting
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Analysis
2021 catastrophe claims tally reaches $112 billion
The costliest event in Europe was the July flooding in Germany, Belgium and nearby countries, causing up to $13 billion in insured losses
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Analysis
Claims from deadly tornados to reach $3 billion
The insured loss estimate from KCC includes damage to residential, commercial and industrial properties
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Analysis
Wildfire buffers improve resilience, reduce claims
Nature-based solutions significantly reduce financial losses associated with wildfires, finds research
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Analysis
Can parametrics close the gap?
Parametric products have role to play in closing protection gaps and catering to emerging risks like NDBI and cyber
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Opinion
Should insurers lead the climate march?
If the politicians won’t go to battle against climate change, maybe insurers have the power to drive behavioural change
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Analysis
StrategicRISK Q4 2021: The great reset
Risk management is not just about avoiding losses. It is about saying ‘yes’ when it counts
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Analysis
Construction boom brings opportunity and emerging risks
The switch to more sustainable buildings and infrastructure and adoption of modern building methods will transform the risk landscape, finds AGCS
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Analysis
COP26: Global resilience index launches
GRII will help sectors across the global economy quantify the value of building climate resilience, and the costs of doing nothing