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Showing 1 - 10 of 18 results for "storms"

Canberra targets natural disaster insurance gap

ROSE MARY PETRASS  |  WEDNESDAY, 13 MAR 2024  |  NEWS
... 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 ...

Queensland to boost clean economy

ROSE MARY PETRASS  |  THURSDAY, 15 FEB 2024  |  NEWS
... 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 ...

Paris overshoot: are investors prepared?

ROSE MARY PETRASS  |  FRIDAY, 12 JAN 2024  |  NEWS
... 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 ...

Insured losses from natural catastrophes $150 billion in 2022

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
... 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 ...

Fink counts the cost of "easy money" in annual letter

RACHEL ALEMBAKIS  |  THURSDAY, 16 MAR 2023  |  NEWS
... 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 ...

Seeking action at "implementation" COP27

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
... 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 ...

COP27 preview: loss and damage, action on commitments

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
... 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 ...

Australian execs say climate change already impacting: Deloitte

RACHEL ALEMBAKIS  |  THURSDAY, 27 JAN 2022  |  NEWS
... 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 ...

Climate change to bring more frequent, intense weather: IAG

RACHEL ALEMBAKIS  |  FRIDAY, 18 SEP 2020  |  NEWS
... community and reinforces the predictions from the original report, which show that extreme bushfires, tropical cyclones, storms, hail and floods are becoming more frequent and intense in a warmer world - and the increase in global temperatures to date ...

Calculating the shorter, longer-term cost of bushfire

RACHEL ALEMBAKIS  |  FRIDAY, 10 JAN 2020  |  NEWS
... global temps rise, you would see particularly southern Australia have less rain, with more extreme weather events, floods, storms, droughts," Oliver said. A natural outworking of more extreme droughts gives us the situation where we are now. Put you ...
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