All catastrophe risk articles
-
AnalysisHow risk managers can prepare for a supercharged hurricane season
Experts are urging businesses to prepare for an above-normal hurricane season. Here’s how risk managers can respond
-
OpinionHow 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
-
OpinionSupply 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
-
AnalysisPoly-crisis looms so boards and risk managers must act now
New research highlights the top threats facing organisations over the year ahead. Here’s how risk managers can tackle interconnected risks and build resilience
-
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
-
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.
-
Case StudiesCase 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
-
Analysis
PERILS pegs insurance losses from Turkey quake at $3.5 billion
A study by Koç University has put the economic losses in Turkey in the range of $70 billion to $87 billion
-
Analysis2022 global nat cat claims breach $100 billion
In Europe, winterstorms Eunice, Dudley, Franklin triggered losses of over $4 billion, while France saw claims of $5 billion from hailstorms
-
AnalysisInterest in parametrics grows as traditional capacity retrenches
Offers an “affordable solution” for large-scale insurance of catastrophic and agriculture exposures - New Dawn Risk
-
AnalysisTotal Turkey quake losses will exceed $25 billion, says RMS
Catastrophe is a wake-up call for other earthquake-prone regions, with adherence to building codes essential for resilience
-
AnalysisTurkey earthquakes: Port fires impact $679m of global trade
Damage at Iskenderun is a reminder that ’a single point of failure’ can ripple across supply chains - Russell Group
-
AnalysisTürkiye quakes to cost an estimated $1 billion
Many structures in the affected region were not designed to withstand earthquakes, says USGS
-
AnalysisTurkey earthquake largest in 84 years
Tragedy is a reminder that resilience is the main defense against such powerful seismic events
-
AnalysisGlobal nat cat losses surpassed $313 billion in 2022 - Aon
Windstorm Eunice was the costliest individual European windstorm since 2010, with droughts also causing severe impacts
-
Analysis2022 nat cats set records with $270 billion in losses
Europe’s summer of extremes resulted in costly wildfires, hailstorms and business and trade disruption
-
AnalysisCommercial insurance rate hikes continue
Insurance pricing rose by an average of 5.7% in 2022, the sixth consecutive year of rate increases
-
AnalysisWinter storms cost insurers $4.2 billion in 2022 - CRESTA
Weather-related catastrophes again dominated insurance industry losses in 2022, with three major events in Europe
-
Analysis2023 to be one of Earth’s “hottest on record”
Mean temp rise up to 1.3°C above pre-industrial period as UK experiences its hottest year on record
-
Expert ViewsTaking action after another year of extremes
Climate has had a dramatic impact on business and society in 2022 and it’s time to take meaningful action
