Analysis – Page 3
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AnalysisAIR pegs Ida loss at up to $25 billion
Utility disruptions caused by lack of power, mobile data services, and water, could lead to Ida becoming a long-tailed event
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AnalysisHurricane Ida devastation continues
Deadly flash floods have left a trail of further devastation, with energy and chemical sectors among those exposed to supply chain disruption
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AnalysisHurricane Ida claims could reach $30 billion
Flooding has seen homes evacuated, businesses shut down and widespread power outages
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AnalysisRussell releases port disruption scenarios
Around $7.5 trillion of trade is concentrated in 50 major ports, with potential for major supply chain disruption
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AnalysisNat cats cost global economy $190 billion in 2020
While COVID-19 was a stress test for society and the economy, it has an expiry date – climate change does not, warns Swiss Re chief economist
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AnalysisRMS launches climate change models
Growing frequency of extreme weather catastrophes alongside regulatory ESG and climate reporting requirements is driving demand for analytics
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AnalysisUS winter storm claims to exceed $10 billion
In Texas, claims could surpass Hurricane Harvey, with rolling power cuts hitting manufacturing and energy firms, according to AIR Worldwide
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Analysis2020 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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AnalysisNat 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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AnalysisHurricane 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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AnalysisBI and pandemic top Allianz Risk Barometer 2021
Pandemic is a “reminder that risk management and business continuity management need to further evolve”
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AnalysisCatastrophe 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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AnalysisTakeaways from the 2020 Atlantic Hurricane season
A warming climate meant hurricanes were more intense and more property was at risk - FM Global
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AnalysisNat cat loss tally rises in October
Economic losses from devastating floods in southeastern France and northwestern Italy in October are expected to reach €2.7 billion
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AnalysisHurricane Zeta claims to reach $4.4 billion
At landfall in Louisiana, Zeta was just shy of a Category 3 storm with one-minute sustained wind speeds of 110 mph
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AnalysisHurricane Zeta bears down on Louisiana
Currently, Zeta’s track is a direct landfall for New Orleans, with the storm taking a similar path to Hurricane Katrina in 2005
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AnalysisWide area damage principle is key to quantifying BI claims
An uptick in COVID-related BI claims is expected following the UK FCA test case, primarily from the hospitality sector
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AnalysisHurricane Delta claims up to $3bn - AIR
Hurricanes Laura and Delta made landfall roughly 12 miles and six weeks apart on the Louisiana coast
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AnalysisGreece and Portugal count cost of September storms
Medicane Ianos brought rough seas, damaging winds, and flooding rainfall to western and southern regions of Greece
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AnalysisHurricane Laura claims up to $8 billion
Cat modelling firms peg insurance losses from the Category 4 storm at between $4 billion and $8.7 billion
