All catastrophe risk articles – Page 7
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Analysis
COVID erodes macroeconomic resilience - Swiss Re
Insurance resilience is lowest for natural catastrophes, with the protection gap growing to a record $1.4 trillion
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Analysis
Russell 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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Analysis
Environmental risks, climate change threatens megacities
Firms must align climate risk assessments with the recommendations of the TCFD to build greater resilience - Verisk Maplecroft
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Analysis
Hail drives US cat losses in April
Western and central regions of Europe experienced a significant cold spell within the first week of April, with temperatures well below freezing
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Analysis
FM Global releases earthquake map
The Netherlands, France, Switzerland, Italy have all seen above-average movement to higher risk zones
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Analysis
Terror risk grows as lockdown eases
Public transport and facilities remain an attractive target for terrorists as passengers return, warns Pool Re
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Analysis
Physical climate risk to test limits of diversification - Fitch
Companies with strong internal coordination and contingency planning will be better placed to respond to climate shocks
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Analysis
Financial sector grossly underreporting climate exposure
Just a quarter are reporting portfolio emissions, which are on average 700 times higher than direct emissions
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Analysis
Sedgwick in flood resilience push
A combination of recoverable and resistant measures for properties could avoid the high cost for future floods
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Analysis
Global climate stress test launches on Earth Day 2021
World economy set to lose up to 18% GDP from climate change if no action taken - Swiss Re Institute
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Analysis
COVID-19 a “foretaste” of climate shocks
Effective governance is at the heart of addressing climate risk and transitioning to a low carbon economy - Clyde & Co
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Analysis
Nat 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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Analysis
RMS 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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Analysis
Fitch: Insurers are “green economy enablers”
The ability to channel investment into sustainable projects is viewed as a sizeable growth opportunity for the insurance sector
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Analysis
Renewables see 300% rise in extreme weather losses
Wildfire, floods, hailstorms and windstorms are damaging solar and wind projects with greater frequency and severity, finds GCube
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Analysis
COVID/Brexit dominate UK business risks
Climate change ranked as the number 13 risk faced by UK firms, with just 11% identifying it and extreme weather as one of their top five concerns
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Analysis
US 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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Opinion
Could nat cats swing elections?
In a highly polarised world, could natural catastrophes - such as last year’s Hurricane Zeta - tip the geopolitical balance?
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Analysis
Spanish snowfall claims to reach €1.8 billion
Storm Filomena brought wintry conditions and cold temperatures not seen in Spain in two decades - Impact Forecasting
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Analysis
UK firms underinsured for flood risk
Nearly three quarters of businesses are aware of their flood risk, but less than half have comprehensive flood cover