All extreme weather articles
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Analysis
How 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
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Analysis
Risk briefing: Five steps European organisations must take to tackle extreme weather risks
New research shows risk managers are more concerned about extreme weather than any other threat to operations. Despite this a quarter of firms have no plans to mitigate climate risks. Here are five ways to protect your organisation
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Analysis
Climate change will drive disruption within food & drink sector - WTW
Three quarters of food & drink firms cite lack of supply chain insurance solutions as among their biggest challenges
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Analysis
Summer 2022 heatwave saw surge in subsidence payouts
UK insurers are expected to pay £219m in subsidence claims, caused by last summer’s ’record breaking high temperatures’, says ABI
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Analysis
2022 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
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Analysis
Global warming likely to overshoot 1.5C by 2030s, warns IPCC
Changes in the food sector, electricity, transport, industry, buildings and land-use can reduce greenhouse gas emissions
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Analysis
$2.2 trillion global electronics industry at threat from semiconductor supply chain
Risks include geopolitical tensions, earthquakes, and extreme weather, but risk transfer solutions remain thin on the ground
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Analysis
Global freeze map will help with business continuity
Freeze risk regularly impacts equipment and infrastructure which is often hidden and enclosed within a building
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Analysis
Allianz Risk Barometer: Fallout from global crises dominates survey
Inflation, financial market volatility, a looming recession and the energy crisis are top risers for 2023
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Analysis
“Hopes of a Net Zero future are fading” - WEF Global Risks
We are heading towards ”a slower and more disorderly climate transition” as short-term crises take precedence
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Analysis
2022 nat cats set records with $270 billion in losses
Europe’s summer of extremes resulted in costly wildfires, hailstorms and business and trade disruption
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Analysis
Winter 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
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Analysis
2023 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
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Expert Views
Taking 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
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Analysis
The Climate School launches module for risk managers
Airmic and AXA Climate back training for risk specialists preparing their companies for climate risks
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Analysis
When the lights go out
As Europe heads into a ‘Winter of Discontent’, how can risk managers plan for the worst, and coldest, of the energy crisis?
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Analysis
Where there’s a will, there’s a way
Highlights from the World@Risk Climate Change and ESG Forum
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Analysis
IDF calls for ‘convergence’ of insurance and disaster risk management
As key milestones announced at COP27, IDF heralds the industry’s ability to influence “systemic change”
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Analysis
Climate risks could undermine viability of world’s key waterways
Rising physical climate risks, such as coastal inundation and extreme heat and wind, could impact key shipping lanes
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Analysis
COP27: Time to confront a warming Europe
Temperatures in Europe have increased at over twice the global average over the past 30 years - WMO