All natural catastrophes articles
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AnalysisHow risk managers can prepare for a supercharged hurricane season
Experts are urging businesses to prepare for an above-normal hurricane season. Here’s how risk managers can respond
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FeaturesDealing with disaster: how to make sure your business is prepared for the worst
When catastrophic weather devastates businesses, insurance alone can’t – or won’t – be enough. Know your exposures and devise mitigation plans now, before it’s too late.
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Expert ViewsTaken by storm - how medium-sized enterprises can use parametrics to tackle nat cat risks
Medium-sized enterprises (MSEs) play a vital role in our economy. However, these companies face unique challenges when it comes to risk management, particularly in dealing with natural catastrophes such as storms, flooding, or earthquakes.
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OpinionHow businesses can avoid disasters by working together
Gareth Byatt, Ilan Kelman, Ana Prados, co-leads of the Disasters Avoided project explore the role businesses can play in helping society avoid disasters
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AnalysisRisk briefing: Five steps European organisations must take to tackle extreme weather risks
New research shows risk managers are more concerned about extreme weather than any other threat to operations. Despite this a quarter of firms have no plans to mitigate climate risks. Here are five ways to protect your organisation
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Editor's LetterSR Q3 2023: Adapt or die
As the world of risk gets increasingly complex, there is a golden opportunity to elevate the profession beyond insurance buying, to strategic, value-adding, board-level ERM. Those risk managers who fail to step up and grab it with both hands may quickly become irrelevant.
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Case StudiesCase 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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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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InterviewsPutting 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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Case StudiesCase 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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Case StudiesCase 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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Analysis2022 nat cats set records with $270 billion in losses
Europe’s summer of extremes resulted in costly wildfires, hailstorms and business and trade disruption
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AnalysisFebruary storm claims to reach €3.3 billion - PERILS
Industry losses from European windstorm series are the highest such loss since Kyrill in January 2007
