All flood risk articles – Page 2
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Analysis
Gallagher 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
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Analysis
1-in-4 UK properties at risk of flood
Flood defences could reduce losses by an estimated 360% across river, surface water and coastal flooding - JBA
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Analysis
Descartes in bid to disrupt corporate insurance
The parametric insurtech has ambitious plans to expand climate risk solutions after successful capital raise
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Analysis
Global catastrophes cost $343 billion in 2021 - Aon
European floods in July were the costliest disaster on record for the Continent at $46 billion
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Analysis
Blanc: Insurers must address ‘unmet needs’
Incoming Chartered Insurance Institute (CII) president Peter Blanc is group chief executive of broker Aston Lark
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Analysis
Western European floods “most significant” event of 2021
Insurance industry losses from the devastating July floods have surpassed $13 billion
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Analysis
Storm Arwen costs "tens of millions of euros"
The first windstorm event of the current season, caused disruption across northern parts of the UK - Impact Forecasting
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Analysis
2021 catastrophe claims tally reaches $112 billion
The costliest event in Europe was the July flooding in Germany, Belgium and nearby countries, causing up to $13 billion in insured losses
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Analysis
Zurich initiative to help flood victims ‘build back better’
The insurer aims to help customers that are victims of repeated flooding by setting out a formal process for loss adjusters to follow
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Analysis
FERMA Talks: Channelling strategic foresight
Horizon scanning is an essential tool for policymakers, explained European Commission vice president Maroš Šefčovič
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Analysis
Ferma 2021: Hard market continues
Extreme weather events will focus minds as corporate insurance buyers navigate renewal season discussions - AXA XL
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Analysis
Global floods events lead 2021 nat cat tally - CRESTA
Extreme floods in Western Europe in mid-July have generated claims currently estimated at $11 billion
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Analysis
Ida highlights impact of inland flooding
Record heat and drought conditions prompt extreme wildfire activity around the globe, according to Aon catastrophe report
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Analysis
GVNW: Public-private backstop is vital
Chairman Alexander Mahnke is frustrated a backstop for extreme events, such as pandemics, cyber and natural catastrophes, has not yet emerged
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Analysis
Germany most exposed country to river/coastal flood - Marsh
Climate change, economic and demographic trends and a chronic shortfall in resilience investment are driving the risk higher
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Analysis
European flood claims could reach €6.5 billion - RMS
Germany is the dominant contributor of loss to the event with about 70 percent of the total loss, followed by Belgium with about 25 percent
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Analysis
Losses of $25 billion expected from July floods
Catastrophic damage in Western Germany is expected to be Europe’s most costly weather event on record - Impact Forecasting
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Opinion
Future proofing airports
There are clear risks and opportunities as airports repurpose for a post-COVID world
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Analysis
Nat cats cost $77 billion in 1H
Insured losses are the second highest on record for a first half as climate change results in greater weather extremes - Swiss Re sigma
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Analysis
Flood exposures up by 24% since 2000
Population at risk of extreme flood is ten times higher than previously thought, finds WRN partner Cloud to Street
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