Tag: Insurance

Index Insurance – Event Based, rather than Claims Based Climate and Disaster Insurance

One the major problems with disaster insurance is the disruption in infrastructure and government function makes it difficult to process specific claims information in a timely manner. As the delays in processing claims after the 2016 Baton Rouge flood illustrate,…

Hurricanes and long-term climate variability – Lloyds Risk Report

Hurricanes and long-term climate variability – Lloyds Risk Report The severity and frequency of hurricanes are influenced by changes in the climate of the Atlantic over the long term, and in particular, the changes over many decades of sea surface…

Warming of the Oceans and Implications for the (Re)insurance Industry

• There is new, robust evidence that the global oceans have warmed significantly. Given that energy from the ocean isthe key driver of extreme events, ocean warming has effectively caused a shift towards a “new normal” for a number of…