Tag Archives: natural catastrophes

Learning about natural hazards: A recap of Willis Research Network’s spring seminar series

streets flooded around a building

This past spring, Willis Research Network (WRN) hosted a series of morning seminars that featured a number of research projects and partners. Topics ranged from severe convective storms to corporate risk profiling, and included findings from some of the WRN’s … Continue reading →

Insights from the Willis Re Flood Club: the weaknesses and strengths of flood modelling

cars in flooded parking lot

When industry experts gathered to consider the state of flood modelling, they discovered a disconnect between theory and reality that can leave insurers under some expensive water. So what’s next for modelling approaches? Insurers are worried about their flood exposure. … Continue reading →

Creative solutions for adverse-weather catastrophes

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

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?

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

Sandbags for Flood

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

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 →

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 →