Search Results | Showing 1 - 10 of 20 results for "storms" |
| | | ... electricity systems. "I'd hate to see the worst-case scenario." Compare this to 1980, when the average annual cost for severe storms was between US$7-8 billion in the US. It is now harder to get insurance and bank loans in vulnerable regions across ... |
| | | | ... second costliest on record for insured losses from strong winds, heavy rain and hail. Losses from smaller but more frequent storms reached $60.3bn (US$42bn), according to the world's biggest reinsurer. This is just $1.5 billion higher than the year ... |
| | | | ... will attempt to close the natural hazard insurance protection gap, seeking feedback on the standardisation of terms like "storms" and "fire", as well as reforms to the standard cover regime. The reforms are designed to cut insurance costs in communities ... |
| | | | ... more climate risks and costs onto communities who are still reeling from flooding rains, deadly bushfires and destructive storms," Rayner said. WWF Australia also signalled its support. CEO Dermot O'Gorman said legislating a strong emissions target ... |
| | | | ... thinking about the direct impacts on a particular asset or a particular asset class and physical risks like bushfires or storms. "In practice, what physical risk really implies in the context of a disorderly transition is massive systemic risk right ... |
| | | | ... without insurance. The year saw floods in Australia and South Africa, Hurricane Ian in the US, hailstorms in France, winter storms in Europe, and droughts in Europe, China, and the Americas. Data from the Insurance Council of Australia indicates that ... |
| | | | ... Europe and Australia, and in many other places around the world. "There's more flooding, more wildfires, and more intense storms. In fact, it's hard to find a part of our ecology - or our economy - that's not affected. Finance is not immune to these ... |
| | | | ... already started to manifest. Pakistan's floods, Europe and China's droughts, 40oC heat in England and category 5 storms in the Caribbean and North America are just a few examples of this. "Adaptation is essential now and presents an opportunity ... |
| | | | ... adaptation to the inevitable impacts of climate change, which include ever more frequent and intense heatwaves, flood and storms, and Loss and Damage, along with the necessary financial support." Gerrard notes that loss and damage continues to be a contentious ... |
| | | | ... executives have in some way experienced the impacts of climate events over the past year, with more frequent and powerful storms, bushfires, severe flooding and severe drought among the most common events. However, the report finds the vast majority ... |
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