Katie McGrath of Swiss Re shares her view on catastrophic weather events and their impact on insurers and insureds alike.

If the West Coast’s unprecedented water shortage continues as expected, the entire country will soon feel its impact.

When it comes to property insurance, several factors are affecting market dynamics.

When it comes to predicting and preventing natural catastrophe property losses, risk professionals are finding tech solutions rooted in resiliency. 

Unique solutions created by innovative Insurtechs are helping to address the climate catastrophe from various angles.

Adverse weather events are costing the construction sector billions annually in direct and contingent business interruption losses.

The fight against climate change is a complex one, and it will require unprecedented collaboration between businesses, governments and nations. Fortunately, trust and transparency is where blockchain technology excels.

The Climate School’s curriculum was developed in collaboration with a range of experts to help professionals understand and confront the impact of climate change on the practice of risk management.

As recent weather events in California demonstrate, most property owners should be doing much more to prepare for heavy rains and flooding.

Digital transformation, clinical trials, climate change and product recalls are among the top risks and opportunities facing the life sciences sector over the next several years.

Allianz’s annual survey highlights risks not usually associated with traditional insurance.

Property insurance markets are bracing for increasingly frequent severe weather events.

Climate risks aren’t going away. Demex’s Stephen Bennett believes new models and insurance solutions will help manage these critical exposures.  

Despite natural disasters and extreme weather growing, environmental risks were overshadowed by geopolitical conflicts, inflation and mounting national debts in this report.

Aon’s third quarter 2022 Global Catastrophe Recap highlights the strains on insurers from U.S. hurricanes, historic droughts and heatwaves in Europe, and unprecedented flooding in Pakistan.

Risk transfer and risk mitigation both figure prominently in addressing climate change.

Increasingly, climate change is becoming a pervasive business risk that is perilous to ignore. Flood, drought, wildfire, severe windstorms, and other anomalous weather effects will likely jeopardize most every organization in time, whether directly or indirectly.

If we don’t approach renewables with safety and resiliency in mind, increased investments driven by corporate ESG measures and new tax incentives could result in dangerous accidents and massive losses.

Enhancement of building defenses, emergency planning and financial risk transfer can help businesses recover in the face of increasingly frequent and strong storms.

Carbon sequestration is an essential step toward transitioning to a low-carbon economy. Here’s how insurance can help support these projects.