All naturalcatastrophe articles
-
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
-
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
-
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
-
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
-
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?
-
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.
-
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
-
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.
-
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
-
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.
-
NewsAustralian insurance sector set for rapid growth
Demand for natural catastrophe protection is one factor driving insurance penetration
-
NewsGallagher 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
-
NewsDescartes in bid to disrupt corporate insurance
The parametric insurtech has raised $120m to expand its solutions for risks relating to climate change
-
NewsGlobal catastrophes cost $343 billion in 2021 - Aon
China was among the countries recording the costliest insurance industry events on record
-
NewsTonga eruption highlights global telecom vulnerabilities
Catastrophe highlights fragility of the global undersea cable network and how quickly it can go offline
-
NewsAllianz Risk Barometer: Cyber and BI top concerns
Cyber ranks top Asia Pacific risk for the third consecutive year
-
NewsPromoting 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
-
NewsSummer 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
-
NewsIndia 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
-
News2021 catastrophe claims tally reaches $112 billion
Total economic losses from natural and manmade catastrophes reached $259 billion, up by 20%