All natural catastrophe articles
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Case StudyCase study: Enhancing urban resilience in Medellín through insurance protection for climate risks
Following the conclusion of the two-year Medellín Tripartite Project in Colombia, the risk industry team involved reflects on the project’s outcome, the challenges they overcame, and how the knowledge they gained on the way can help future resilience programmes
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AnalysisIdalia hits Florida as a Cat 4 hurricane - how risk managers can respond
As Hurricane Idalia wreaks devastation across Florida and surrounding states, Strategic Risk looks at how risk managers must respond
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AnalysisHurricanes risks on the rise - how risk managers can prepare
The National Oceanic and Atmospheric Administration is urging everyone to prepare for an above-normal hurricane season. Here’s how risk managers can respond
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AnalysisMaui wildfire insured losses “will be at least $1bn”
Commercial property insurers will likely reassess their exposures, pricing and reinsurance as a consequence of the wildfires in Hawaii, says Moody’s
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AnalysisPutting science and data behind climate risk management
Bill Bradshaw, operations manager at FM Global talks to StrategicRISK about how the insurer is trying to move the needle on climate risk.
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AnalysisWhy building code regulations are the key to curbing Nat Cat losses
New research shows that just 27% of economic losses from Nat Cats this year have been insured. For risk managers, following building codes and prioritising resilience are crucial for minimising the risks
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AnalysisStorms are getting stronger - and risk managers must prepare
Reinsurance broker Lockton Re has published a report on climate change and hurricane trends.
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AnalysisCase study: How Taprobane Seafood Group are using parametrics to protect against nat cats
A new and innovative parametric structure is allowing shrimp farms in Sri Lanka to protect themselves against multiple weather risks not covered by traditional insurance
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AnalysisHow climate change is making it more difficult for risk managers to find adequate insurance
As insurers grapple with increasingly frequent and severe natural catastrophes, the insurability of cat risks is being called into question, with worrying implications for risk managers.
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AnalysisCase study: How parametric solutions allowed Aboitiz Power to insure the uninsurable
Simplicity, pre-defined triggers, and fast payouts are some of the key advantages of a parametric approach to extraordinary Nat Cat risks, says chief risk officer, Annacel Natividad
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AnalysisDealing with the mental health consequences of natural and man-made disasters
Pressure is mounting on businesses and organisations to take a more holistic approach to their operations and address the mental health fall-out from any man-made or natural disasters.
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AnalysisBusiness interruption and natural catastrophes are the top risks facing the construction sector
Property damage and business interruption losses are now likely to be significantly higher than before Covid-19, here’s how risk managers can respond
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AnalysisFour lessons to learn from hurricane Ian
Swiss Re’s sigma report highlights the key lessons that the risk management and insurance industry must learn from hurricane Ian.
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NewsSupply Chain Webinar: No time for complacency
Risk managers operating in a global world should ensure their organisations are ready to roll with the punches
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NewsPERILS pegs insurance losses from Turkey quake at $3.5 billion
A study by Koç University has put the economic losses in Turkey in the range of $70 billion to $87 billion
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News2022 global nat cat claims breach $100 billion
In Europe, winterstorms Eunice, Dudley, Franklin triggered losses of over $4 billion, while France saw claims of $5 billion from hailstorms
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NewsGlobal warming likely to overshoot 1.5C by 2030s, warns IPCC
Changes in the food sector, electricity, transport, industry, buildings and land-use can reduce greenhouse gas emissions
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NewsUnderinsurance risks remain as construction costs soar
Continuing high levels of inflation in construction costs could see claims disputes in the event of a property loss
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News$2.2 trillion global electronics industry at threat from semiconductor supply chain
Risks include geopolitical tensions, earthquakes, and extreme weather, but risk transfer solutions remain thin on the ground
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NewsInterest in parametrics grows as traditional capacity retrenches
Offers an “affordable solution” for large-scale insurance of catastrophic and agriculture exposures - New Dawn Risk