Crisis Management

Hurricanes and Climate Change – What We Know Now

Thomas Varney | November 18, 2022

Analysis of more than 530,000 corporate insurance industry claims worth €88.7bn over the past five years shows natural catastrophes are the second top cause of losses globally for businesses overall, according to value of claims (15%), ranking behind only fire and explosion (21%).   A deeper look at the major causes of natural catastrophe losses, based on analysis of more than 20,000 such claims around the world, reveals hurricanes and tornados rank top, accounting for 29% of the value of all claims. A major driver is the fact that two Atlantic hurricane seasons out of the previous five (2017 and 2021)…
Adapting to Change: Strategies to Mitigate the Impact of Rising Flood Risks
Flood risks are increasing globally and pose a threat to business operations. Between 2018 and 2023, flood damage expenses in...
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DRJ Fall 2024: Another Successful Chapter in Resilience and Continuity
The 71st DRJ conference, DRJ Fall 2024, held Sept. 8-11 at the Gaylord Texan Resort & Convention Center in Dallas,...
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Building Resilience: Why Now Is the Time to Invest in Natural Hazard Risk Management
With extreme weather events growing in frequency around the world, there are many ways organizations can do more to protect...
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Strategizing Business Resilience
Leveraging Weather Intelligence for Extreme Heat and Wildfire Risk Mitigation In an era of increasing climate unpredictability, businesses recognize the...
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