All natural catastrophe articles
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NewsTaken by storm - how medium-sized enterprises can use parametrics to tackle nat cat risks
Medium-sized enterprises (MSEs) play a vital role in our economy. However, these companies face unique challenges when it comes to risk management, particularly in dealing with natural catastrophes such as storms, flooding, or earthquakes.
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AnalysisHow businesses can avoid disasters by working together
Gareth Byatt, Ilan Kelman, Ana Prados, co-leads of the Disasters Avoided project explore the role businesses can play in helping society avoid disasters
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Online OnlySupply chain risk lessons from the ancient Greeks
Entropy constantly pushes the world towards volatility, but businesses must learn from ancient philosophy and find ways to combat threats, says risk expert Adriano Lanzilotto
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AnalysisRisk briefing: Five steps APAC organisations must take to tackle extreme weather risks
New research shows risk managers are more concerned about extreme weather than any other threat to operations. Despite this a quarter of firms have no plans to mitigate climate risks. Here are five ways to protect your organisation
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Online OnlyNow is the time for Australian businesses to focus on resilience
Research shows that a reputational crisis knocks 5% off a company’s share price. Losses can be minimised by firms that act now to build resilience, says Andrew Stafford, operations senior vice president, FM Global Australia & New Zealand
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AnalysisCase study: Enhancing urban resilience in Medellín through insurance protection for climate risks
Following the conclusion of the two-year Medellín Tripartite Project in Colombia, the risk industry team involved reflects on the project’s outcome, the challenges they overcame, and how the knowledge they gained on the way can help future resilience programmes
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AnalysisIdalia hits Florida as a Cat 4 hurricane - how risk managers can respond
As Hurricane Idalia wreaks devastation across Florida and surrounding states, Strategic Risk looks at how risk managers must respond
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AnalysisHurricanes risks on the rise - how risk managers can prepare
The National Oceanic and Atmospheric Administration is urging everyone to prepare for an above-normal hurricane season. Here’s how risk managers can respond
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AnalysisMaui wildfire insured losses “will be at least $1bn”
Commercial property insurers will likely reassess their exposures, pricing and reinsurance as a consequence of the wildfires in Hawaii, says Moody’s
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AnalysisWhy building code regulations are the key to curbing Nat Cat losses
New research shows that just 27% of economic losses from Nat Cats this year have been insured. For risk managers, following building codes and prioritising resilience are crucial for minimising the risks
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AnalysisSpotlight on: wildfire risks and how to ensure business continuity
As wildfires spread across Europe and the Americas, Strategic Risk explores the steps risk managers can take to safeguard their employees and ensure business continuity
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AnalysisStorms are getting stronger - and risk managers must prepare
Reinsurance broker Lockton Re has published a report on climate change and hurricane trends.
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AnalysisHow Asia Pacific is tackling business interruption risks
A manufacturing and hospitality hub that’s high-value, export-driven and supply chain-centred – it’s no surprise APAC is so focused on business interruption. But how are risk managers handling concerns when coverage can be hard to secure?
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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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AnalysisCase 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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Catastrophe RiskDealing 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 fallout from any man-made or natural disasters.
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AnalysisBusiness 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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AnalysisFour 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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NewsCyclone Gabrielle costs insurers $1.5 billion
The catastrophes have disrupted supply chains and tested New Zealand’s resilience
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NewsHow humanity averted an environmental catastrophe
The success of the 1987 Montreal Protocol is proof all is not lost in the fight against climate change