All natural catastrophes articles – Page 2
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AnalysisGallagher 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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Analysis1-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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AnalysisDescartes 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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AnalysisInsurers 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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AnalysisGlobal 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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AnalysisAXA 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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AnalysisTonga 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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AnalysisAllianz Risk Barometer: Cyber and BI top concerns
’Business interrupted’ will remain the “key underlying risk theme” in 2022
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AnalysisMarshall 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 ViewsPromoting 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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AnalysisWestern European floods “most significant” event of 2021
Insurance industry losses from the devastating July floods have surpassed $13 billion
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AnalysisStorm 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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Analysis2021 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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AnalysisClaims 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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AnalysisWildfire buffers improve resilience, reduce claims
Nature-based solutions significantly reduce financial losses associated with wildfires, finds research
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AnalysisCan 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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AnalysisMaking good on a promise
It is in how they manage blindsiding losses that the risk managers prove their mettle
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AnalysisCOP26: 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
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AnalysisCOP26: Risk management “central” to climate mitigation
Insurance industry has a “unique contribution” in advancing understanding and sharing of climate-related risks - report
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AnalysisCOP26 "must be a turning point" - UN
As the World Leaders Summit gets underway in Glasgow, WMO warns the past seven years were the hottest on record
