All natural catastrophes articles
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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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Analysis
Case 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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Analysis
Dealing 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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News
Business 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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Analysis
Four 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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News
2022 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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News
February storm claims to reach €3.3 billion - PERILS
Industry losses from European windstorm series are the highest such loss since Kyrill in January 2007
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News
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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News
1-in-4 UK properties at risk of flood
Flood defences could reduce losses by an estimated 360% across river, surface water and coastal flooding - JBA
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News
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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News
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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News
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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News
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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News
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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News
Allianz Risk Barometer: Cyber and BI top concerns
’Business interrupted’ will remain the “key underlying risk theme” in 2022
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News
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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News
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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News
Western European floods “most significant” event of 2021
Insurance industry losses from the devastating July floods have surpassed $13 billion
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News
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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News
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
