All naturalcatastrophe articles
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Australian insurance sector set for rapid growth
Demand for natural catastrophe protection is one factor driving insurance penetration
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Gallagher Re: 2021 third largest cat year for re/insurers
Reinsurance broker urges a rethink of the impact from “secondary perils” as extreme weather events drive loss tally
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Descartes in bid to disrupt corporate insurance
The parametric insurtech has raised $120m to expand its solutions for risks relating to climate change
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Global catastrophes cost $343 billion in 2021 - Aon
China was among the countries recording the costliest insurance industry events on record
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Tonga eruption highlights global telecom vulnerabilities
Catastrophe highlights fragility of the global undersea cable network and how quickly it can go offline
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Allianz Risk Barometer: Cyber and BI top concerns
Cyber ranks top Asia Pacific risk for the third consecutive year
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Promoting risk engineering as part of a healthy risk culture
While nat cats cannot be avoided, risk engineering plays an important role in identifying and mitigating the potential damages arising
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Summer floods drive 2021 cat losses - CRESTA
The Fukushima earthquake, floods in Henan province and most recently Typhoon Rai in the Philippines are among major cat events
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India and Australia count cost of November floods
It was the wettest November for New South Wales and Australia since records began, according to Impact Forecasting
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2021 catastrophe claims tally reaches $112 billion
Total economic losses from natural and manmade catastrophes reached $259 billion, up by 20%
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Wildfire buffers improve resilience, reduce claims
Nature-based solutions significantly reduce financial losses associated with wildfires, finds research
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October storm claims tally reaches $1 billion
Severe weather in October “one of the costliest natural catastrophes ever” for South Australia - PERILS
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Australia to consult on cyclone reinsurance pool
The government has released draft legislation for a reinsurance pool for cyclones and related flood damage from 1 July 2022
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Australian properties lack resilience to tropical cyclones
Tropical storms to become more severe as the climate changes; ICA calls for stronger building codes and retrofitting programs
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Asia to power global construction boom
The switch to more sustainable buildings and infrastructure and adoption of modern building methods will transform the risk landscape, finds AGCS
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Making good on a promise
It is in how they manage blindsiding losses that the risk managers prove their mettle
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Global supply chains tested “like never before”
COVID-19, cyber risk and port backlogs are among six key facets of current global supply chain strain - FM Global
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Aon and ICEYE launch Japan climate risks solution
Japan experiences an average of three typhoon landfalls and several flood events annually
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Parts of Australian coast will become ‘uninsurable’
ICA estimates Australian governments will need to invest $30 billion in coastal protection and adaptation due to climate change
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COP26: Global resilience index launches
GRII will help sectors across the global economy quantify the value of building climate resilience, and the costs of doing nothing