Assets of World’s Largest Companies at Growing Risk of Climate Impact: S&P September 19, 2022 By Juliette Portala Over 90% of the world’s largest companies will have at least one asset highly exposed to the physical impacts of...
NYT Piece Calls out ‘Summer of Climate Disasters’ September 8, 2022 By Don Jergler Insurance professionals in the alternative energies sector may want to take note of a recent Bloomberg opinion piece that focuses...
Droughts, Floods, Other Water-Related Disasters Could Cost Economy $5.6T by 2050 August 29, 2022 By Gloria Dickie Worsening droughts, storms and torrential rain in some of the world’s largest economies could cause $5.6 trillion in losses to...
Europe’s Record-Breaking Summer Heat Wave Will Be the Norm by 2035: Report August 25, 2022 By John Ainger Europe’s record-breaking heat wave will be just an average summer in less than 15 years — even if countries meet...
Weather Whiplash: Summer Lurches From Drought to Flood August 25, 2022 By Seth Borenstein Parts of northern Texas, mired in a drought labeled as extreme and exceptional, are flooding under torrential rain. In a...
Australia’s Extreme Climate Risks Threaten to Make Home Insurance Unaffordable August 17, 2022 By Swati Pandey Australia’s mounting extreme weather events threaten to make home insurance premiums unaffordable for an estimated 1 million households. On average,...
Majority of Young Homeowners Expect Their Homes to Be Damaged by Extreme Weather in Next 30 Years August 10, 2022 Young homeowners are more concerned about the damage climate change-related extreme weather could do to their homes, according to a...
Climate Change Driving Extreme Heat and Flooding in 2022: Report July 1, 2022 By Gloria Dickie Extreme weather events – from scorching heatwaves to unusually heavy downpours – have caused widespread upheaval across the globe this...
Flooding Inundates More of Bangladesh and India, Stranding Nearly 10M People June 21, 2022 By Ruma Paul and Zarir Hussain DHAKA/GUWAHATI, India – Floodwaters inundated more of Bangladesh and northeast India on Tuesday, officials said, as authorities struggled to reach...
World’s Biggest Re/Insurers Expanding in Africa, but Climate Change Could Hit Profits June 10, 2022 By Emma Rumney The world’s biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class,...