All naturalcatastrophe articles
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New fault investigated ten years on from Christchurch
A decade on, GNS Science experts have embarked on a research project to determine the earthquake risk of a recently discovered fault in the Waikato
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Australian insurers to examine coverage gaps
Review comes amid concern about the availability and affordability of some categories of insurance cover
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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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Australia joins climate coalition
Worsening natural disasters across Australia illustrate the threat of asset damage and operational disruption arising from physical climate risks
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Nat cat losses cost $268 billion in 2020
Just 36% of the losses were covered by insurance, creating a protection gap of 64%, according to Aon
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Tropical cyclone 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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WEF: Why investment in resilience pays off
“It is always cheaper to build a dam than to pay for the flood” - WEF Global Risks 2021
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WEF: No vaccine for climate change
In 2020, the world saw the catastrophic effects of ignoring long-term risks such as pandemics - WEF Global Risks 2021
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2020 ties with 2016 as hottest year on record
Wildfires in Australia in 2020, although of unprecedented magnitude, represent only a small fraction of global fire emissions
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COVID-19 tops travel risks for 2021
Violent crime, political instability, severe natural disasters and social unrest are among the other threats to businesses and their staff
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‘Black summer’ bushfires cost insurers $2 billion
Insurance losses during the New Year peak period were most severe in New South Wales, which accounted for 71% of the industry loss
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Preparing for the next wave
Climate change is so big that we do not even see it as a wave that may “break” and cause havoc for us
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Catastrophe losses cost insurers $83 billion in 2020
Losses from secondary peril events are forecast to increase, driven by climate change - Swiss Re sigma
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Queensland hailstorms to cost insurers over $1bn
Catastrophe data firm PERILS says hailstones from the South East Queensland Halloween Hailstorms were up to 14cm in diameter
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Australian flood: Proactive action needed
Geneva Association calls for more resources to mitigate flood damage and greater collaboration between public and private sectors
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StrategicRISK Q4 2020: Twenty years in risk!
When StrategicRISK was born, few could have anticipated the world of risks we would be facing 20 years on
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Nat cat loss tally rises in October
Total combined economic losses from heavy seasonal rainfall across India are estimated at $4 billion
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Super Typhoon Goni slams into Philippines
“Strongest landfalling cyclone in history” devastates eastern Philippines, causing catastrophic damage to Catanduanes Island
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Queensland’s Halloween hailstorms declared a catastrophe
The hailstorms struck south-east Queensland late on the 31st October causing significant damage to vehicles and property
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Australia must prepare for more severe nat cats - wildfires probe
The Royal Commission into National Natural Disaster Arrangements has called for urgent action on natural disaster risk mitigation