US P&C companies suffered large losses in 2023 not from major catastrophes, but primarily from a series o...
Trillions of dollars in debt highly exposed to environmental risks
Total debt held by sectors with high or very high environmental credit risk now exceeds $4 trillion, more than double the $2 trillion held in 2015...
Total debt held by sectors with high or very high environmental credit risk now exceeds $4 trillion, more than double the $2 trillion held in 2015...
Report / 4 months ago
Over $4 Trillion in Debt Highly Exposed to Environmental Risk Explored in New Interactive Data Story
Over $4 trillion in debt from 16 sectors is highly or very highly exposed to environmental risk – more than double the amount from 2015 when the Paris Agreement was signed...
Over $4 trillion in debt from 16 sectors is highly or very highly exposed to environmental risk – more than double the amount from 2015 when the Paris Agreement was signed...
Article / 4 months ago
Hurricane Ian could cripple Florida's home insurance industry - ABC News
Experts say a major storm like Ian could push some insurance companies into insolvency, making it harder for people to collect on claims...
Experts say a major storm like Ian could push some insurance companies into insolvency, making it harder for people to collect on claims...
Article / 1 year ago
New Strategies Needed to Manage Mortgage Default Risk from Natural Catastrophes
In the early hours of January 17, 1994, a Mw6.7 earthquake struck northwestern Los Angeles, causing 57 fatalities and up to US$40 billion of direct damage. The Northridge event changed...
In the early hours of January 17, 1994, a Mw6.7 earthquake struck northwestern Los Angeles, causing 57 fatalities and up to US$40 billion of direct damage. The Northridge event changed...
Article / 3 years ago
Coronavirus Will Cost Businesses Billions. Insurance May Not Help. - The New York Times
Companies buy insurance that usually pays out when they have to halt operations. But it’s usually because of physical damage, not outbreaks...
Companies buy insurance that usually pays out when they have to halt operations. But it’s usually because of physical damage, not outbreaks...
Article / 4 years ago
Risk Modeling for the Future
The World Economic Forum (WEF) has celebrated its fiftieth-year at its annual meeting in Davos. Increasingly the business/political nexus has become that...
The World Economic Forum (WEF) has celebrated its fiftieth-year at its annual meeting in Davos. Increasingly the business/political nexus has become that...
Article / 4 years ago