The June 24 earthquake sequence was the strongest to affect Venezuela since 1900, according to Verisk, striking 100 miles west of Caracas
The Lloyd’s insurer said supershear ruptures accounted for two thirds of insured earthquake losses since 2016, but remain largely absent from catastrophe models
This alternative insurance is a vital tool for risk managers worldwide needing fast liquidity and more certainty in the face of climate volatility. A report from Generali, in partnership with the UNDP’s Insurance and Risk Finance Facility, shows how governments, businesses and critical services are building resilience in these high-risk ...
When Hurricane Melissa struck Jamaica as a Category 5 storm, satellite-based synthetic aperture radar provided near real-time, countrywide damage intelligence through cloud cover, enabling government and humanitarian teams to prioritise resources, accelerate decision-making and reach the hardest-hit communities faster.
In the face of record-breaking tremors last year, Taiwanese contract chipmaker TSMC held its ground. By safeguarding operations and reassuring global clients, this was a master class in resilience born out of preparedness.
HDI Risk Consulting’s assessment of Tokyo’s Ueno Park shows how extreme heat and heavy rainfall can expose wider risks to tourism, infrastructure, public health and business continuity
To successfully separate threats from opportunities risk managers must first understand the role of perception in the identification of risk. Zurich’s John Scott discusses the big picture
WTW’s Arash Nassirpour and Elide Pantoli look at the reasons behind building failures, highlighting the ongoing need for seismic risk assessments, retrofitting and improved construction codes; and the implications these have in other earthquake vulnerable cities around the world.
Asia has powered the global economy, yet disaster preparedness remains its greatest vulnerability. Resilience, not growth alone, will defi ne the future.
Offering speed, flexibility and a way to close protection gaps, parametric insurance is gaining ground as a valuable complement to traditional cover, says Steve Harry, managing director of parametric solutions UK at Marsh Risk Analytics.
As nat cats grow more severe, insurance gaps are widening - but parametric solutions might hold the key to resilience, says Dianna Nelson, a senior structurer at Swiss Re Corporate Solutions
Data centres are at the heart of the digital economy, but rapid growth, energy constraints and evolving risks are testing their resilience. At an SR:500 event in partnership with FM, experts discussed the challenges facing the sector and how risk managers are responding.
Getting to grips with interconnectedness means identifying the intricate links between the threats we face, then mapping, understanding and preparing for them. Our webinar sought to untangle this complex issue. Sara Benwell reports back.
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As nat cats grow more severe, insurance gaps are widening - but parametric solutions might hold the key to resilience, says Dianna Nelson, a senior structurer at Swiss Re Corporate Solutions