Tag Archives: natural catastrophes

Creative solutions for adverse-weather catastrophes

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The recent flooding in Louisiana, by some referred to as the Great Flood of 2016, has been described by the American Red Cross as the worst catastrophe to have hit the United States since Hurricane Sandy. Is my home safe, … Continue reading →

Building Resilience Around Natural Hazards and Climate Change

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A changing climate and rapidly growing exposure to natural catastrophes presents the world with an unprecedented challenge. Continue reading →

Haiyan Loss

Super Typhoon Haiyan's Eye - detailed infrared image from NASA/NOAA

Every time there is a major natural catastrophe somewhere in the world, losses are measured in several terms. First and foremost there is the human cost. While the loss of life may eventually be measured in a number, the suffering … Continue reading →

Could an Earthquake Cause the Next Financial Crisis?

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On January 17, 1995, an earthquake struck the Japanese port city of Kobe, killing 6,500 people and destroying $100 billion worth of property and capital. Five weeks later, Barings Bank was declared insolvent after admitting losses of $1.3 billion, twice the … Continue reading →

Natural and Cyber Catastrophes Bring Reputational Risk to the Fore

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Risks associated with a company’s corporate reputation are evolving as a major topic of conversation and concern among risk managers. Continue reading →

Financing Future Catastrophes

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

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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 →

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

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

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

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 →