All natural catastrophes articles – Page 3
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AnalysisIRM publishes climate change guidance
It is the first time the IRM has published a guidance report focused solely on climate change for risk managers
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AnalysisCampaigners target reinsurers in Baden Baden
Only a few reinsurers have so far publicly committed to phase out coal from their treaty business
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AnalysisLa Palma volcanic eruption highlights threat of non-modelled perils
The eruption of the Cumbre Vieja volcano will likely result in hundreds of millions of euros in economic losses - Impact Forecasting
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AnalysisFERMA Talks: Political will for pandemic solution cools
Collaboration at all levels is necessary to ensure future financial resilience against systemic shocks
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Special ReportsSpecial report: Climate change
Growing climate extremes are increasing our exposure to secondary perils
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AnalysisGlobal floods events lead 2021 nat cat tally - CRESTA
Extreme floods in Western Europe in mid-July have generated claims currently estimated at $11 billion
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OpinionDon’t panic… but do act now
The IPCC report tells us tomorrow is not the same as yesterday, hence past data solely can’t always predict future outcomes
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OpinionA nature-based approach to risk mitigation
Why firms most impacted by the climate crisis are looking more strategically at nature-based solutions
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AnalysisClimate-crisis in an era of comply or explain
With unstoppable momentum towards zero carbon, how can risk professionals identify key risks and opportunities?
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AnalysisIda highlights impact of inland flooding
Record heat and drought conditions prompt extreme wildfire activity around the globe, according to Aon catastrophe report
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AnalysisClimate crisis to fuel rapid insurance growth - sigma
Climate-related risks are expected to result in a 22% increase in global property premiums, or up to $183 billion, over the next 20 years
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AnalysisIda claims could reach $35 billion - RMS
Losses reflect property damage and business interruption to commercial, industrial, infrastructure and marine cargo among other classes of business
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AnalysisGermany most exposed country to river/coastal flood - Marsh
Climate change, economic and demographic trends and a chronic shortfall in resilience investment are driving the risk higher
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AnalysisAIR pegs Ida loss at up to $25 billion
Utility disruptions caused by lack of power, mobile data services, and water, could lead to Ida becoming a long-tailed event
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AnalysisHurricane Ida devastation continues
Deadly flash floods have left a trail of further devastation, with energy and chemical sectors among those exposed to supply chain disruption
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AnalysisHurricane Ida claims could reach $30 billion
Flooding has seen homes evacuated, businesses shut down and widespread power outages
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AnalysisEuropean flood claims could reach €6.5 billion - RMS
Germany is the dominant contributor of loss to the event with about 70 percent of the total loss, followed by Belgium with about 25 percent
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AnalysisLosses of $25 billion expected from July floods
Catastrophic damage in Western Germany is expected to be Europe’s most costly weather event on record - Impact Forecasting
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AnalysisNat cats cost $77 billion in 1H
Insured losses are the second highest on record for a first half as climate change results in greater weather extremes - Swiss Re sigma
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AnalysisIPCC: Prioritise adaptation and resilience
New report is “code red for humanity” with many climate change effects now “irreversible”
