Climate change will expand the range of tropical cyclones making millions more vulnerable to these devastating storms, according to a new study.
Antarctica’s Thwaites glacier is retreating rapidly as a warming ocean slowly erases its ice from below, leading to faster flow, more fracturing and a threat of collapse, according to an international team of scientists.
UK risk management association Airmic has advised members to learn to live with pandemics and not expect things to return to normal anytime soon.
A new report offers a data-driven assessment of flood-related risks on the commercial market in the US.
A new study in the US has revealed that economic losses experienced in just a single day from disruptions could range from $8m to $250m depending on the length and severity of the incident.
Secondary peril events are becoming more impactful and generating an increasingly larger amount of insured losses, affecting the bottom lines of personal and commercial lines property underwriters, according to a new AM Best commentary.
The last two years 2020 and 2021 and the instability caused by the COVID-19 pandemic, social unrest and the impact of climate change have highlighted how risks facing businesses are becoming increasingly volatile and interconnected, according to Aon’s 2021 Global Risk Management Survey.
Beginning 2022 Bank of England (BoE) will incorporate supervision of climate-related financial risks into its core supervisory approach.