All natural catastrophes articles – Page 7
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Analysis
Global insurance protection gap reaches $1.24 trillion
The COVID-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 - Swiss Re Institute
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Hurricane Isaias claims up to $5 billion - RMS
Isaias was the ninth named storm of the 2020 North Atlantic hurricane season, affecting parts of the Caribbean and US east coast
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Winterstorm Victoria insured loss rises to €344m
The storm, also known as “Dennis”, affected the British Isles and north-western Europe from 15 to 17 February 2020 and occurred six days after extratropical cyclone Sabine
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Research predicts dramatic increase in wildfire risk
By 2030-2040 climate change will prolong wildfire seasons, adding a month in European countries including Spain, Portugal and Greece
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Nat cats cost global economy $75 billion in 1H 2020
Insurers paid out $30+ billion due to natural catastrophes in the first six months of the year
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Europe counts cost of severe June thunderstorms
Total economic losses from severe storms in Central Europe are likely to approach or exceed $100 million - Impact Forecasting
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Parametric products can assist climate resilience - CCRI
Today’s “wealth of data” can be used to construct risk transfer products for extreme weather - Nephila’s Barney Schauble
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Industry leaders call for ‘resilient’ recovery
COVID-19 offers ”a unique opportunity” to ensure that climate risk is embedded in stimulus plans - CCRI
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The importance of measuring the 'resilience dividend'
Zurich shares new risk management lessons from disaster events to help businesses become more resilient
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The next massive tail risk
There is a one-in-three chance that at least one of four major tail risks will occur within the next decade, warns Deutsche Bank Thematic Research
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Zurich expands climate resilience team
“Risk management tools that can help businesses quantify the impact of climate change are high in demand”