Natural disaster insured losses topped $115bn in 2022
Hurricane Ian and other extreme weather events such as the winter storms in Europe, flooding in Australia and South Africa as well as hailstorms in France and in the US resulted in an estimated $115 billion of natural catastrophe insured losses in 2022, according to Swiss Re Institute. 2022 is the second consecutive year in […]
Business security issues to increase with climate change
Capital expenditure for resilience measures to ensure business continuity due to extreme weather conditions such as floods and heatwaves need to be considered as best practice, according to the Environment Agency’s ‘Climate Change Impacts and Adaptation’ report. Chair of the Environment Agency, Emma Howard Boyd, said it was worrying that few FTSE boards are disclosing […]
