All physical risk articles – Page 3
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Analysis
FERMA: Floods are a “wake-up call” ahead of COP26
Insured losses of €4 billion to €5 billion are expected for North Rhine-Westphalia and Rhineland-Palatinate
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Analysis
Catastrophic floods strike Central Europe
Several dams burst across Germany after extreme flooding, leaving at least 180 dead and hundreds more missing
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Analysis
Climate warning for cotton/apparel industry
One third of India’s cotton growing regions face severe climate risks by 2040 if carbon emissions continue to soar
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Analysis
COVID fuels further SRCC restrictions
SRCC insurance provides cover for loss or damages caused by riots, protests, strikes or other work-related unrest
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Analysis
BoE launches climate stress test for banks, insurers
It will provide central banks and supervisors globally with a common starting point for analysing climate risks under different scenarios
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Analysis
Physical climate risk to test limits of diversification - Fitch
Companies with strong internal coordination and contingency planning will be better placed to respond to climate shocks
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Analysis
Financial sector grossly underreporting climate exposure
Just a quarter are reporting portfolio emissions, which are on average 700 times higher than direct emissions
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Analysis
Global climate stress test launches on Earth Day 2021
World economy set to lose up to 18% GDP from climate change if no action taken - Swiss Re Institute
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Opinion
Warehouse risks in an age of e-commerce
How a surge in demand for warehouse storage may leave firms exposed to facilities which rely on sub-standard levels of risk protection
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Analysis
COVID-19 a “foretaste” of climate shocks
Effective governance is at the heart of addressing climate risk and transitioning to a low carbon economy - Clyde & Co
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Analysis
2020 nat cat tally hits $78 billion
Hurricane Laura caused an insured loss of $8 billion to 9 billion, the largest weather-related loss event - Willis Re
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Analysis
Hurricane risk in 2050
Study assesses the likely impact of climate change on hurricane severity and storm surge over the next 30 years
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Opinion
Is cladding ever safe to use?
When fire strikes in buildings using foam plastic materials, the results can be catastrophic and tragic
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Analysis
COVID-19: a ‘Black Swan’ for supply chains
How do companies tackle supply chain disruption during the pandemic, and what steps can be taken now to build in more resilience for 2021?
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Analysis
Terrorism pools focus on systemic risk
New and emerging threats in the terrorism landscape, including the emerging CBRN threat and hostile cyber, were discussed during the virtual event
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Analysis
How COVID-19 is reshaping the risk landscape
The pandemic will shape future loss trends with changes to working environments, travelling habits and supply chain networks, predicts AGCS
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Analysis
Hurricane Laura makes Louisiana landfall
Laura made landfall as a category 4 hurricane with wind speeds of up to 150mph and an “unsurvivable” storm surge
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Analysis
Hurricane Isaias claims up to $5 billion - RMS
Isaias was the ninth named storm of the 2020 North Atlantic hurricane season, affecting parts of the Caribbean and US east coast
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Analysis
Nat cats cost global economy $75 billion in 1H 2020
Insurers paid out $30+ billion due to natural catastrophes in the first six months of the year
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Analysis
Industry leaders call for ‘resilient’ recovery
COVID-19 offers ”a unique opportunity” to ensure that climate risk is embedded in stimulus plans - CCRI
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