Category Archives: weather risk

Retailers Exposed to the Elements: How Risk Solutions can Soften the Blow of Unseasonal Weather

by Guest Blogger, April 4, 2013 | Posted in weather risk

Unseasonal weather conditions can be a real headache for the retail industry

The coldest March for 50 years has left the UK shivering, with many businesses in particular suffering significant decline in revenues as the unseasonal cold snap dictates consumer behaviours and people generally stay indoors. Continue reading →

Weathering a Storm – Risk Solutions for UK Retailers

by Julian Roberts, March 4, 2013 | Posted in weather risk

Weather has a strong impact on consumer behaviours and buying patterns.

Weather patterns are becoming more unpredictable than ever. In March 2012 the UK was in the grip of a hosepipe ban, but within one month we had received 200% more rain than usual, resulting in 2012 being the wettest year … Continue reading →

Podcast: Weather Risk Management

by Julian Roberts, February 26, 2013 | Posted in Agriculture, weather risk

WillisWire Podcasts

In WillisWire’s latest podcast (duration 10:17) I explain how the weather risk market has developed recently and what new types of solutions are available.   Podcast: Play in new window | Download (3.6MB) Continue reading →

Food Security: Reaping the Benefits of Agri-Insurance

by Guest Blogger, January 30, 2013 | Posted in Agriculture, weather risk

Agriculture

There is no doubt that agricultural insurance is big business. A recent report from Swiss Re estimates that global agricultural premiums in 2011 were USD 23.5 billion. To put this into perspective, airline premiums in the same year totalled around … Continue reading →

What Risks Will Emerge in 2013?

by Sarah Robson, January 23, 2013 | Posted in Analytics, Captives, Claim & Risk Control, Cyber Risk, Directors & Officers, Employee Benefits / Human Resources, Financial Services, Kidnap & Ransom, Latin America, Life Sciences, Mining, Reinsurance, Supply-Chain Risk, Terrorism, weather risk

Emerging Risks

We look ahead for the risks businesses should prepare for in 2013. Read their predictions and vote for the one most likely to affect your business this year. Continue reading →

Video: The Devil is in the Detail: Hurricane Sandy-Related Insurance Claim Issues Beginning to Emerge

by Colleen McCarthy, December 17, 2012 | Posted in weather risk

Hurricane Sandy, Atlantic City, NJ. 31 October 2012. Credit: EPA

As Hurricane Sandy-related insurance claims move into the next phase of the adjustment process, several key issues are beginning to emerge.  Continue reading →

Financing Future Catastrophes

by Alice Underwood, December 5, 2012 | Posted in weather risk

Hurricane Sandy: Seaside Heights, NJ. 31 October 2012. Credit EPA

I read an interesting analysis of the current state of play with regard to financing disasters in the New York Times Opinion pages recently. Continue reading →

In a World of Climate Change There is a Growing Need for Climate Forecasting

by Rowan Douglas, November 27, 2012 | Posted in weather risk

Stormy Sky and Sea

In late October 2012, the largest Atlantic hurricane on record slammed into New York, one of the world’s most populated cities and one of its leading financial and economic centres. Continue reading →

Video: Sandy’s Price Tag Keeps Climbing

by Colleen McCarthy, November 15, 2012 | Posted in North America, weather risk

Hurricane Sandy: Utter Destruction

The Wall Street Journal reported today that catastrophe modeling firm Risk Management Solutions is telling clients that insured losses from Hurricane Sandy could reach $25 billion or more, the highest potential estimate reported since the storm struck two weeks ago. Continue reading →

Video: Cleaning Up Environmental Claims After Sandy

by Anthony Wagar, November 13, 2012 | Posted in Environmental Liability, weather risk

Hurricane Sandy, Atlantic City, NJ. 31 October 2012. Credit: EPA

There’ll be a lot of complex claim scenarios following the natural disaster named Sandy that struck the heart of America’s most populous region. Among the most complicated will be those that involve the release of hazardous contaminants or pollutants. Continue reading →