Insurers must brace for US$171 billion in annual cat losses, study finds
Six straight years above US$100 billion and no US hurricane - that is the new baseline for global catastrophe losses
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Six straight years above US$100 billion and no US hurricane - that is the new baseline for global catastrophe losses
We live in a world where every day there is at least one thing to lose sleep over: “Biblical” natural disasters, fires or floods, femicides, and threats to public health (like the...
The Nepal disaster appears to be a “cascading event,” where one hazard seems to have triggered another, experts say
Catastrophe and supply chain risk pile pressure on developers and insurers
Increase in severity of storms, floods, wildfires and more - as well as rising property values and insurance costs - spurs surge in modelled losses from natural catastrophes in a g...
Catastrophes, cooling failures and supply chains risk put pressure on developers and insurers
Six straight years above $100 billion and no US hurricane - that is the new baseline for global catastrophe losses
The insurance industry should be prepared to withstand $171 billion in insured catastrophe losses, on average in a given year, up $19 billion from a year ago, according to Verisk....
Atlantic hurricane threat eases as Pacific, flood and wildfire exposures rise
In the opening scene of American writer Kim Stanley Robinson’s “The Ministry for the Future,” a heat wave combined with a breakdown of the electrical grid in India kills 20 million...
Severe "convective" storms account for roughly a third of global natural disaster economic losses, a new study finds.
Fire-generated thunderstorms, rare in Europe, are complicating containment in Gironde and raising questions about whether current wildfire models can keep up
Sometimes I wonder how many disasters we need to witness before we stop calling them “natural.”A few days ago, news of the glacier collapse and flooding in Nepal once again brought...
Der Bau von Rechenzentren boomt weltweit. Doch häufig entsteht KI-Infrastruktur in Regionen, die hohen Naturkatastrophenrisiken ausgesetzt sind.
A cyclone that wreaked more than €1 billion ($1.14 billion) in damage along Sicily’s coast has also exposed a flaw in Italy’s push to expand mandatory insurance against natural dis...
Insurers are increasingly combining catastrophe models with proprietary research and underwriting judgement to build their own view of risk
Hurricanes, wildfires and other major weather events often dominate attention, but severe convective storms remain one of the most frequent and costly weather threats facing busine...
The flash flooding in Nepal is the latest environmental catastrophe to strike this summer. Extreme flooding, major earthquakes, wildfires and heat waves have dotted the global map,...
Since the beginning of European and US record keeping, various natural and man-made disasters including volcanic eruptions, disease outbreaks, aerial bombings, tsunamis, hurricanes...
The disaster has claimed hundreds of lives, and at least 1,400 people are missing
Have you noticed the news these days is filled with disasters?What is striking is the relentless combination of natural calamities and man-made mishaps. Many are left wondering w...
Secondary perils, such as severe convective storms, are becoming a primary driver of earnings volatility.
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