FEMA ends policy favoring flood walls over green protections
Watch for governments to transfer financial risk from natural disasters to insurers: Swiss Re There is growing awareness that governments can transfer the financial risk of natural disasters to both … Continue reading
Man protects 300 dogs from Hurricane Delta by bringing them to safety inside his home
Australia: Waiting now to act on disaster resilience will cost more in the long run The general insurance sector in Australia is highly engaged with natural disaster trends, with 100% … Continue reading
The resilience triangle: Relieving global catastrophe losses
Australia’s Bushfires Brought 113 Species Closer To Extinction Australia has been through the wringer this year. The disastrous bushfire season has led to a dramatic increase in carbon emissions, crazy … Continue reading
Flooding in Jakarta is the worst for over a decade
Building resilience the Swiss way Swiss Re’s new CEO reinsurance Asia and regional president Asia Russell Higginbotham is no stranger to the reinsurer, having first joined the firm in 1994. … Continue reading
How to Invest In Climate Resilience Without Overspending
Reinsurance renewal prices hold the line in face of disasters An expensive few years for the global insurance industry led by a range of natural disasters from wildfires to storms … Continue reading
California needs policies to build housing able to withstand climate disasters
Japanese insurers hike rates again following disasters The recent streak of natural disasters has prompted Japan’s four largest non-life insurers to raise premiums on commercial fire insurance policies by about … Continue reading
Organizational vs. operational resilience: What’s the difference?
Can the Pacific Islands be insured? The Pacific Islands are grappling with the effects of disasters and climate change, which have the potential to make entire countries inhospitable, posing significant … Continue reading
HURRICANE DORIAN REMINDER: Not all have protection from natural disasters
Asia-Pacific Disaster Report 2019: ASEAN needs to bolster risk-informed investments to reduce the burden of natural disasters On September 3, 2018, Super Typhoon Mangkhut slammed into the Philippines, affecting at … Continue reading
Will India’s idea on disaster management gain global support?
Egypt to set up insurance pool for natural disasters The Insurance Federation of Egypt (IFE) has announced that the country is planning to launch a new insurance pool within … Continue reading
Does your home insurance cover erratic Aussie weather?
Adequate insurance key to recovery in the event of environmental disasters The Fort McMurray wildfire in May 2016 destroyed almost 2,600 homes and resulted in many tales of hardship but … Continue reading
15 Photos of Resilience and Commitment Around the World This Week
Insurance experts rank climate change as top risk for 2019 It’s no secret that climate change comes at a cost — so much so that even the insurance industry has … Continue reading
Can Online Tools Help Employees Build Resilience?
Zurich recognized for ‘outstanding’ disaster review program Zurich Insurance has been recognized with an Outstanding Achievement Award from the 2019 National Hurricane Conference. The insurer earned the award for its … Continue reading
Preparing people for peril
Wildfire catastrophe models need improvement: Reinsurer The world’s second-largest reinsurer is looking for partners in the artificial intelligence space to help the reinsurer get a better idea of how much … Continue reading
New study highlights significance of resilience training
Townsville homes may become ‘uninsurable’ due to flooding from climate change Houses in flood-hit Townsville and other parts of north Queensland are “on track to become uninsurable”, according to analysis … Continue reading
Global Natural Catastrophe Report 2019
“Do One Thing” to prepare for the next big disaster Medford, Ore — While the threat of natural disaster exists all the time, emergency preparedness is often on the … Continue reading
In Case Of Emergency, Self-Drive
Insurers hit: Climate change wreaking havoc on insurance industry It may get increasingly impossible to recover from the damage inflicted by anthropogenic climate change. Insurers have been researching what climate … Continue reading
ASEAN countries to establish disaster risk insurance facility
Seasonal traditions maintained in disaster-affected communities This past year we have witnessed many U.S. communities get turned upside down, even destroyed, by significant weather events. We have also witnessed significant … Continue reading
Natural disasters become social, political disasters
AIG says natural disasters could cost it $800m in Q4 AIG chief executive Brian Duperreault said that a series of natural disasters in the fourth quarter of the year would … Continue reading
How Real-Time Information Can Assist Insurers During Natural Disasters
Hurricane-Damaged Air Force Base Has an Opportunity to Rebuild for Resilience Rebuilding the hurricane-wrecked Tyndall Air Force Base in Florida will come with a massive price tag, but experts … Continue reading
2017 the costliest year on record for natural disasters
Natural disasters have made New Zealand one of the riskiest places in the world for insurers A new study of insurance data by Lloyd’s of London has ranked us the … Continue reading
We asked insurance workers where they’d live in the US to avoid future natural disasters — here’s what they said
India lost $79.5 billion due to natural disasters in 20 years, says UN; 2002, 2015 costliest drought spells in two decades India has suffered economic losses of $79.5 billion due … Continue reading
Losses from natural disasters at 13-year low in H1 – Munich Re
First leg of 2020 Olympic torch relay to start in Fukushima The Olympic torch relay will start in Fukushima Prefecture in 2020 to reinforce the image that the Tokyo … Continue reading
Culture affects flood resilience
Culture affects flood resilience Research conducted by an LSU student indicates that cultural and social factors influence the flood resiliency of at-risk coastal areas of Louisiana, including Terrebonne and Lafourche … Continue reading
Coping classes: Building emotional resilience
Hawaii’s insurance market enters moratorium as volcanic eruption continues The lava flow from the volcanic eruption in Hawaii hasn’t abated yet, and the Hawaii National Park Service has warned residents … Continue reading
Studying stress of Hurricane Harvey and pregnancy
The role of data during natural disasters According to the United Nations, India is the third worst-affected country by natural disasters since 1995. In 2013, British risk analysis firm Maplecroft, … Continue reading
Cape Town prepares for ‘Day Zero’
Cape Town prepares for ‘Day Zero’ South Africa’s most popular tourist city is running out of water. The drought that’s plagued the Western Cape Province has dragged on for three … Continue reading
Disaster-hit Nations Must Rebuild Better or Risk Losing Insurance, Experts Say
Integrating disaster risk, resilience into broader systems key to unlocking climate adaptation abilities A systemic disconnect between material natural disaster risk, asset valuation and infrastructure investment demands that disaster risk … Continue reading
One way to promote green infrastructure in your city
Natural disasters hit Suncorp’s bottom line Australia and New Zealand insurer Suncorp Group has continued to suffer from additional over cap claims and loss creep from the Canterbury, NZ … Continue reading
Resilience: What is ecological anthropology?
Theresa May to spend aid money on insurance against disasters in Africa Theresa May is planning to spend tens of millions of pounds of aid funding on buying premiums with … Continue reading
Renters claim ‘no one cares’ after Debbie
Qld unveils comprehensive flood study The Queensland government and four local councils say Australia’s most comprehensive flood study will provide a greater understanding of the dangers of the Brisbane River. … Continue reading
Insurers call for disaster mitigation increase
State Recovery Coordinator says Rockhampton the initial focus of rebuilding following Cyclone Debbie HIS priority will be Rockhampton, but Brigadier Christopher Field, AM, will find his expertise needed across a … Continue reading
Insurers hit with 2500 Cyclone Debbie claims, brace for more
Global warming and other eco disasters In this topsy-turvy world of ours in which human values have lost all sanctity, it is a wonder that there still exist people who … Continue reading
Workshop will help residents prepare for natural disasters
RIAs Look to Catastrophe Bonds for Returns and Diversification Catastrophe bonds, insurance-linked securities tied to natural disaster have long been source of yield for alternative investment firms. Now they’ve made … Continue reading
Is your small business prepared for a disaster?
Is your small business prepared for a disaster? As an insurance professional with more than 38 years of experience who has been on the ground many times when catastrophes strike, … Continue reading
Shelter animals in times of natural disasters. And more…
Insurance Commission, Cebuana advocate disaster resiliency thru micro insurance As easy as loading your cellular phones and as low as P25 per month, people can have another lifeline in times … Continue reading
If lightning strikes today, is your business toast?
‘Drowning World’: Photographs of Floods From Haiti to Germany For several years, the South Africa-born, London-based photographer Gideon Mendel has been photographing floods around the world. His approach is not … Continue reading
World Resilience NEWS
Remain Seconds Ahead of Natural Disasters With a Personal Seismograph Are you worried about that the terrifying earthquake that has a one in three chance of destroying the Pacific Northwest … Continue reading
World Resilience NEWS
3 Steps to Making Schools Resilient to Natural Disasters When the 7.8 magnitude earthquake struck Nepal on April 25, it caused the total or partial collapse of more than 2,000 … Continue reading